Australia - boat ownership by type 2016| ��ƽ��

Number of people who live in a household owning a boat in Australia in 2016, by type (in 1,000s)

Characteristic	Number of people in thousands
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Release date

January 2017

More information

Region

Australia

Survey time period

October 2015 to September 2016

Number of respondents

86,871*

Age group

14 years and older

Supplementary notes

*Number of participants and survey date are taken for the whole survey period which lasted from October 2011 to September 2016. The exact number of participants for the time period lasting from October 2015 to September 2016 is not given.

Citation formats

In 2016, the total number of Australians living in a household which owned a boat was around *** million (781851). The majority were dinghies, canoes or row boats; *** million reported living in a household that had a boat of this type. Elsewhere, **** million approximately said their household had a motorboat or speedboat, and around *** thousand had a yacht or another type of sailing boat.

The Australian boat building industry

In 2017, the boat building and repair industry in Australia recognized revenue of just over *** million U.S. dollars. This represents a slight increase from the previous two years, but a decrease from 2014, in which the industry recognized revenue of around *** million U.S. dollars. Forecasts suggest revenue will continue to gradually increase over the coming years, reaching around *** million U.S. dollars in 2023.

Personal wealth in Australia

A household with a boat is often seen as a symbol of personal wealth. This is not just due to the purchase price of any watercraft, but also as property near to a body of water often attracts an additional premium as part of the price. Personal wealth in Australia in 2018 was at a high level; there were around **** million adults with wealth exceeding one hundred thousand U.S. dollars, and seven percent recognized wealth in excess of one million U.S. dollars.