Australian households are hoarding 120 million unwanted items worth more than $5 billion, according to new eBay research.
The study reveals that 85% of Australians are hanging on to at least one superfluous item, with an average household hoarding 15, equating to $785 worth of unused items per home.
“With $5 billion worth of goods sitting in houses around the nation, now has never been a better time to make some extra cash to boost income, battle future interest rate rises and supplement weekly food and energy bills,” explains Jenny Thomas, eBay spokesperson.
Those living in regional areas and higher income households have the most money to make with an average 17 unwanted valuables per household.
The nation’s biggest potential money makers include:
• Electronics: 47% of Australians say they have mobile phones they no longer use, 36% have redundant audio equipment, 35% have superfluous movie players or recorders, and 33% have televisions they no longer need.
• Household Goods: 42% have unwanted kitchen items, 43% have unwanted home décor, 37% have unwanted appliances, 34% have unused furniture, and 35% would like to shed some bedding.
Sitting on a potential fortune of unused and unwanted items, 48% of Aussies say that they like to stash their potential money makers in the living areas of their homes; hallways, rooms, laundry and the kitchen are the most popular storage locations.
People interested in finding out how much their unwanted items could be worth can visit www.ebay.com.au/education/ebay-house.html. You can view different rooms online, discover the range of items that are available on eBay.com.au and see how much items that you may have around your home are selling for.