When it came to the first sale of a firearm by an individual, the average price was $4,971, according to figures from the Australian Bureau of Statistics.
The median price for an Australian firearm in 2018 was $12,000.
The number of guns for auction across Australia rose by 11 per cent last year to 896,000, according the Bureau of Crime Statistics and Research.
“This represents a 12 per cent increase in the number of firearms sold in Australia in 2018, compared to the previous year, and is the fastest rate of increase in a decade,” said Chief Executive of the Australian Institute of Criminology, Dr David McGlashan.
“The average sale price in 2018 increased by $10,200, an increase of almost $1,000 per gun.”
The rise in sales is attributed to a number of factors, including a surge in gun-related deaths and suicides, the number being used to buy weapons and the number having been recovered.
“There is also a significant increase in domestic violence, a rise in illicit firearms and firearm-related violence,” said Dr McGlashen.
“The most recent data shows a 17 per cent rise in firearm-involved deaths in 2017, which is more than double the average annual increase of 8 per cent,” he said.
The rise has been fuelled by the introduction of the “guns for sale” law in NSW in February, which requires all firearm owners to register their weapons and give police their licence number, and prohibits people from selling or transferring firearms.
“As of this year, more than 9,000 firearm owners had been licensed to sell and transfer their weapons to NSW police, up from just under 7,000 a year ago,” Dr McBethan said.
“With a law this tough, more and more firearms owners are getting their hands on their guns.”
“It’s good to see people getting out of the gun-selling business, but it’s important that people are aware of the law, and it’s also important that they know where they can get help,” Dr McGlynn said.