Number of people owning boats Australia 2016 by type
In 2016, the total number of Australians living in a household which owned a boat was around 2.5 million (781851). The majority were dinghies, canoes or row boats; 1.5 million reported living in a household that had a boat of this type. Elsewhere, 1.25 million approximately said their household had a motorboat or speedboat, and around 166 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 890 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 930 million U.S. dollars. Forecasts suggest revenue will continue to gradually increase over the coming years, reaching around 931 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 12.3 million adults with wealth exceeding one hundred thousand U.S. dollars, and seven percent recognized wealth in excess of one million U.S. dollars.
The Australian boat building industry
In 2017, the boat building and repair industry in Australia recognized revenue of just over 890 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 930 million U.S. dollars. Forecasts suggest revenue will continue to gradually increase over the coming years, reaching around 931 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 12.3 million adults with wealth exceeding one hundred thousand U.S. dollars, and seven percent recognized wealth in excess of one million U.S. dollars.
