The average South African household has 17 items that could be sold for an estimated total value of over R4 000.
This is revealed in a survey that has shown a potential value of R1.4 trillion in second-hand trading in the country.
The Gumtree survey shows that more than 40% of South Africans sold at least one unwanted item in 2017.
Estelle Nagel, Brand and Verticals Manager of Gumtree SA, said that as more South Africans get decent internet access, the local second-hand economy will continue to boom as the formal economy continues to stumble.
“All round the world online classifieds have revolutionised second-hand trading. At the moment this survey indicates that around 15% of South Africans are selling online but the number is growing rapidly to the point where we have nearly a million listings and 5.2 million unique visitors to our site every month. The potential upside for cash-strapped consumers is immense.”