5 things to buy and sell preloved this month and save

Here at Mozo we reckon buying and selling preloved all year round is not only good for the planet, but also for your wallet. So we took a look at Gumtree’s latest Secondhand Economy Report to see what items Aussies are most interested in buying or selling used.
Here are five of the most popular:
1. Electronic goods
In a world obsessed with the latest tech, so-called ‘e-waste’ is a growing problem. According to the UN’s 2020 Global E-waste Monitor, around 53.6 million metric tons of e-waste was generated in 2019 alone.
Now, the biggest question with all this is how much of this old tech could actually have been repaired or simply reused? We may never know the answer to this. However, to help tackle the problem and save yourself some serious dollars, we think it is definitely worth making secondhand marketplaces your first port-of-call when looking to fill a tech void in your life.
Need a second computer monitor? Look on Gumtree or Facebook marketplace, before you splurge on something brand new. Or, if you recently upgraded your phone, you could think about making a quick buck off your previous one. There are so many working phones and laptops, just waiting for you to give them a second chance.
2. Books
According to Gumtree’s report, books are among the most popular secondhand items in 2020.
For sellers, listing no-longer-wanted books online is not only a great way to make some money on the side, but it also takes the pressure off thrift shops which are increasingly overflowing with secondhand literature.
On the buying side of things, preloved books go for a song. If you can’t find what you’re after in the library for free, you could scoop up some real page-turning bargains in the secondhand market.
Plus, if you have just finished studying or you’re about to start, you could even look online to make or save some money. Gumtree’s report shows that 39% of Australians would consider buying secondhand textbooks online.
3. Furniture
You might have heard of fast fashion, but did you know that fast furniture is also a growing problem these days?
As more and more low-cost furniture is produced, items which were once kept and cherished for a lifetime are now thrown out after only a few years use. This is especially worrying considering that a shocking 85% of furniture put on the kerb is sent to landfill (that’s according to ABC’s 2018 series War on Waste).
Now, unless your stuff is made from premium material, you probably won’t make a huge bundle on it. Saying that, listing your old chairs, tables and bed frames on online marketplaces usually won’t cost you a cent either.
So, even if you do only make $20 out of something, that’s still $20 more than you would have made putting it out for household clean-up. For buyers it goes without saying that you could bag yourself some serious bargains - not to mention unique finds - should you choose to furnish your home with pre-loved pieces.
4. Clothing, shoes and accessories
Clothing, shoes and accessories are the most common things to find either in a physical or online secondhand marketplace. Thanks to the fast fashion industry the whole world is awash with cheap preloved clothing.
As a buyer, you can pick yourself up some truly great secondhand bargains. This is mainly because unless it’s a designer piece, preloved clothing isn’t usually worth a whole lot. That said, you shouldn’t be discouraged from selling bits and bobs in your wardrobe that you’ve fallen out of love with. Depending on what condition it’s in, you could still bag around $20 or $30 for your old clothes or shoes on eBay.
5. Sporting equipment
In Gumtree’s report, it is revealed that sporting equipment is one of the top five things that Aussies would consider buying secondhand.
So, if you have some sporting goods lying around gathering dust, you might want to think about listing them online. Or if you’re looking around for a mountain bike for some cycling adventures, or you want a running machine for your home gym you could save yourself a bundle by choosing secondhand over brand new.
Secondhand: Economical and better for the planet
The fact that choosing secondhand over new is better all around isn’t lost on Aussies.
In Gumtree’s report, 43% of secondhand buyers estimated that they had saved around half the cost of what they would have paid for items brand new. A further 48% said they were increasingly concerned about the environmental impact of new items.
Ready to dive into the secondhand market and start saving?
Make sure you have a savings account with a decent interest rate for all that cash you won’t be spending. Head over to Mozo’s compare savings accounts page or check out the interest rates on offer below to get started.
Compare savings accounts - last updated 6 August 2022
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Save Account
Maximum rate
standard interest rate
Govt Deposit Guarantee
2.35% p.a. (for $0 to $250,000)0.10% p.a.(for $0 and over)Yes up to $250,000Deposit at least $200 to either Spend or Save account from an external source each month.
Earn up to 1.85% p.a in interest. No monthly fee to pay. Split your money in up to 10 Save accounts. Track your progress on each of your save accounts. Instant access to cash via PayID and Osko. Deposits guaranteed up to $250k per customer.
CompareCompareSave Account
Earn up to 1.85% p.a in interest. No monthly fee to pay. Split your money in up to 10 Save accounts. Track your progress on each of your save accounts. Instant access to cash via PayID and Osko. Deposits guaranteed up to $250k per customer.
- Maximum rate
- 2.35% p.a. (for $0 to $250,000)
- standard interest rate
- 0.10% p.a.(for $0 and over)
- Govt Deposit Guarantee
- Yes up to $250,000
- account fee per month
- $0.00
- Maximum rate conditions
- Deposit at least $200 to either Spend or Save account from an external source each month.
- Access
- Internet banking
- Minimum balance
- $0.00
- Other restrictions
- Bank and saving account only accessible through iOS or Android app.
Read our Mozo Review to learn more about the Save Account
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Mozo experts choice awards won:
- Best New Savings Account - 2022
Boost Saver with Go Account
Maximum rate
standard interest rate
Govt Deposit Guarantee
2.30% p.a. (for $0 to $250,000)0.05% p.a.(for $0 and over)Yes up to $250,000Bonus rate of 2.30% is made up of the Base rate of 0.05% and Bonus rate of 2.25%. Deposit $2,000 each month and make 5 eligible payments from your Go Account. If you are between 18 and 25 deposit $1,000.
Enjoy a high interest savings account bundled with an everyday spending account. No monthly fees. And new customers can get a welcome bonus of 5,000 bonus Virgin Money Points (ends 31/08/22. Offer criteria & T&Cs apply).
CompareCompareBoost Saver with Go Account
Enjoy a high interest savings account bundled with an everyday spending account. No monthly fees. And new customers can get a welcome bonus of 5,000 bonus Virgin Money Points (ends 31/08/22. Offer criteria & T&Cs apply).
- Maximum rate
- 2.30% p.a. (for $0 to $250,000)
- standard interest rate
- 0.05% p.a.(for $0 and over)
- Govt Deposit Guarantee
- Yes up to $250,000
- account fee per month
- $0.00
- Maximum rate conditions
- Bonus interest 2.30% is made up of the Base rate of 0.05% and Bonus rate of 2.25%. It only applies when you deposit $2,000 into your Go Account and make 5 debit card purchases, direct debit or BPAY payments in the previous month. If you are between 18 and 25 you need to deposit $1,000 and fulfil the other criteria.
- Access
- BPay, Internet banking
- Minimum balance
- $0.00
- Other restrictions
- Bank and savings account only accessible through iOS or Android app.
Read our Mozo Review to learn more about the Boost Saver with Go Account
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Mozo experts choice awards won:
- Young Adult Savings - 2022
Life - 18-29 years old
Maximum rate
standard interest rate
Govt Deposit Guarantee
2.75% p.a. (for $0 to $30,000)0.65% p.a.(for $0 and over)Yes up to $250,000Make 5 card purchases/month with a Westpac Choice account and min 1 deposit and higher balance than at the beginning of the month in Life savings account.
Are you 18 - 29 years of age? Earn up to a generous 2.75% p.a. variable interest on your savings when you spend and save with Westpac. For individuals aged 18 to 29 on Westpac Life account balances up to $30k.
CompareCompareLife - 18-29 years old
Are you 18 - 29 years of age? Earn up to a generous 2.75% p.a. variable interest on your savings when you spend and save with Westpac. For individuals aged 18 to 29 on Westpac Life account balances up to $30k.
- Maximum rate
- 2.75% p.a. (for $0 to $30,000)
- standard interest rate
- 0.65% p.a.(for $0 and over)
- Govt Deposit Guarantee
- Yes up to $250,000
- account fee per month
- $0.00
- Maximum rate conditions
- Make 5 card purchases/month with a Westpac Choice account and min 1 deposit and higher balance than at the beginning of the month in Life savings account.
- Access
- BPay, Branch access, Phone banking, Internet banking
- Minimum balance
- $0.00
- Other restrictions
- Must hold a Westpac Choice transaction account. If 5 card purchases are made each month, but savings account balance hasnt increased, a 2.05% interest rate still applies.
Read our Mozo Review to learn more about the Life - 18-29 years old
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Mozo experts choice awards won:
- Regular Saver - 2022
Bonus Saver Account
Maximum rate
standard interest rate
Govt Deposit Guarantee
2.10% p.a. (for $0 to $250,000)0.05% p.a.(for $0 and over)Yes up to $250,000Bonus rate when at least $20 is deposited each month and five Visa Debit transactions are made each month using linked Glide transaction account.
Winner of a Mozo Experts Choice Award 2022 in the Regular Saver category. No monthly account fees. Available only on balances up to $250,000.
CompareCompareBonus Saver Account
Winner of a Mozo Experts Choice Award 2022 in the Regular Saver category. No monthly account fees. Available only on balances up to $250,000.
- Maximum rate
- 2.10% p.a. (for $0 to $250,000)
- standard interest rate
- 0.05% p.a.(for $0 and over)
- Govt Deposit Guarantee
- Yes up to $250,000
- account fee per month
- $0.00
- Maximum rate conditions
- Bonus rate when at least $20 is deposited each month and five Visa Debit transactions are made each month using linked Glide transaction account.
- Access
- Phone banking, Internet banking
- Minimum balance
- $0.00
- Other restrictions
- Must link to a transaction account
Read our Mozo Review to learn more about the Bonus Saver Account
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Mozo experts choice awards won:
- Kick Start Savings - 2022
High Interest Savings Account
Maximum rate
standard interest rate
Govt Deposit Guarantee
2.60% p.a. (for $0 to $250,001)1.50% p.a.(for $0 to $250,001)Yes up to $250,000Bonus rate for the first 4 months from account opening
Kick start your savings with the 4 month introductory variable rate. No fees, no minimum balance, no minimum monthly deposit and no minimum term.
CompareCompareHigh Interest Savings Account
Kick start your savings with the 4 month introductory variable rate. No fees, no minimum balance, no minimum monthly deposit and no minimum term.
- Maximum rate
- 2.60% p.a. (for $0 to $250,001)
- standard interest rate
- 1.50% p.a.(for $0 to $250,001)
- Govt Deposit Guarantee
- Yes up to $250,000
- account fee per month
- $0.00
- Maximum rate conditions
- Bonus rate for the first 4 months from account opening, reverting to standard variable rate. Rate shown is for Personal customers and is subject to change. Different rates apply to Business/SMSF customers.
- Access
- Internet banking
- Minimum balance
- $0.00
- Other restrictions
- Must link to a transaction account
Read our Mozo Review to learn more about the High Interest Savings Account
^See information about the Mozo Experts Choice Savings Account Awards
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