Nearly 9 in 10 Australians have unwanted items in their homes, according to the ninth annual Second Hand Economy Report.
There are, on average, 23 unwanted or unused items per household. That's $5300 just sitting around your home.
So why not make some easy cash from something you're not using?
The main types of items that we look for include:
But before you go loading all your unwanted goods in the car, ask yourself, "would I buy the item I'm about to sell?".
If the answer is yes, then great - start loading the car. If the answer is no, then think about where it can be put to good use.
Would someone else benefit from the item you're about to sell? If so, donate it. Can it be refurbished or upcycled? Awesome - start getting creative. If the answer is maybe, then perhaps the following factors will help you with an answer.
The condition that your item is in helps you determine whether it's even worth selling in the first place. Let’s talk about iPhones for a second. There are two iPhone X’s available for sale. One has a couple of scratches and a dent on the back. The other also has a couple of scratches but no dent – which one is going to fetch you a higher price? Obviously it'd be the iPhone X without the dent. While assessing the condition of your item, think of the following:
Age is nothing but a number right? Sorry Aaliyah, it's not. An iPhone 4 in immaculate condition isn’t going to give you more value than a recent model iPhone with a few scratches. Consider how old the item you’re wanting to sell is and if people in this day and age will find value in purchasing it.
This is a bit of a tricky one. While it might be valuable to you, it may not be valuable to others. Value also refers to the item's rarity, like whether it's a collectable, highly sought after, or one of a kind. There are many factors that determine an item's value.
Are people looking to purchase items like yours right now? For example, when Pokémon Go was released, anything Pokémon related was highly sought after. A few months later, it’s a completely different story.
Another way to think about demand is seasonally. Winter would be a great time to sell your unwanted heaters while in summer, your portable air conditioners and outdoor equipment would fetch a better price.
Location also plays a huge role in selling your unwanted goods. For example, your old surfboards will be of more value in a town near a beach compared to a suburban/city area.
You can use our What’s It Worth tool to get a quote on the item you’d like to sell.
To get a more accurate valuation, head in-store to your local Cashies or give them a buzz prior to heading in. You can use our store locator to find contact details and opening hours.
Selling to Cash Converters requires 100 points of ID. Each state has different requirements, so be sure to double check what you need to bring in with you when you head in-store.