Have you ever wondered whether the pile of old appliances, wires, or rusted tools in your garage could be worth real money? Scrap metal recycling in Melbourne is not just about keeping the environment clean — it’s a surprisingly profitable side hustle or even a full-time business opportunity. With Melbourne’s booming construction, automotive, and industrial sectors, the demand for recycled metals is consistently strong.
But here’s the real question: how much can you actually earn from scrap metal recycling in Melbourne? The answer depends on several factors — the type of metal, its purity, the current market price, and where you choose to sell it. In this detailed guide, we’ll explore everything you need to know: the most valuable metals, average earnings, tips to maximize your profit, and the regulations you should be aware of.
Understanding Scrap Metal Recycling in Melbourne
What Is Scrap Metal Recycling?
Scrap metal recycling is the process of collecting, processing, and reselling discarded metals so they can be reused in manufacturing and construction. Instead of ending up in landfill, these metals are melted down and reformed into new products.
The benefits are twofold:
- Environmental: Reduces mining demand and saves energy.
- Financial: Provides individuals and businesses with a source of income.
Why Is Melbourne a Hotspot for Scrap Recycling?
Melbourne is one of Australia’s busiest urban hubs, with constant development and industrial activity. This creates a steady flow of recyclable metals from construction sites, households, and businesses. The city also has a well-established recycling infrastructure, making it easier for residents to sell scrap metals and get competitive prices.
Types of Scrap Metal That Earn You the Most
Not all metals are created equal when it comes to earning potential. Let’s break them down:
1. Ferrous Metals (Common but Lower Value)
- Steel and Cast Iron: These are abundant in appliances, machinery, and building materials.
- Price Range in Melbourne: Around $0.10–$0.20 per kilogram, or $100–$200 per tonne.
- Use Case: While the payout is lower, they’re easy to collect in bulk.
2. Non-Ferrous Metals (High Value)
These are where real profits come in:
- Copper: Known as the “king of scrap,” found in wires, plumbing pipes, and electronics. Prices often range between $7–$9 per kg in Melbourne.
- Aluminium: Lightweight, found in cans, window frames, and car parts. Typically $1–$1.50 per kg.
- Brass: Found in plumbing fittings and fixtures, often around $4–$5 per kg.
- Stainless Steel: Ranges from $1–$2 per kg depending on grade.
- Lead: Common in car batteries, priced around $1.50–$2.50 per kg.
3. Precious Metals (Rare but Lucrative)
Electronics often contain tiny amounts of precious metals like gold, silver, and platinum. While not commonly found in bulk, they can be extremely profitable for those who specialize in e-waste recycling.
How Much Can You Earn? (Price Guide for Melbourne)
Average Scrap Metal Prices in Melbourne (2025 Trends)
Here’s a snapshot of common scrap prices in Melbourne (approximate ranges):
| Metal Type | Average Price (Per Kg) |
|---|---|
| Copper | $7 – $9 |
| Brass | $4 – $5 |
| Aluminium | $1 – $1.50 |
| Stainless Steel | $1 – $2 |
| Lead | $1.50 – $2.50 |
| Steel (per tonne) | $100 – $200 |
Earnings Examples
- Household Appliances: An old washing machine can fetch around $15–$20 in scrap value.
- Copper Wires: 10 kg of stripped copper wire could earn you $70–$90.
- Scrap Cars: A medium-sized sedan can yield $200–$800 depending on weight and metal composition.
Factors That Influence Scrap Metal Earnings
1. Metal Type & Purity
Pure copper is worth more than copper mixed with other alloys. Similarly, separating aluminium cans from contaminated scrap boosts payouts.
2. Weight & Quantity
The more you collect, the more you earn. Scrap yards often give better rates for larger loads.
3. Global Market Fluctuations
Scrap prices rise and fall depending on global supply and demand. For instance, if China increases demand for copper, prices in Melbourne may also rise.
4. Scrap Yard Policies
Different scrap yards in Melbourne may offer slightly different rates. Some also charge for collection services, while others pay more for bulk drop-offs.
Where to Sell Scrap Metal in Melbourne
Top Scrap Yards and Recycling Centres
- Melbourne Metal Recycling – Known for competitive copper prices.
- Sims Metal Management – Offers both household and commercial recycling.
- Universal Metals – Specializes in non-ferrous metals.
- Melbourne Auto Wreckers – Best for old car recycling.
Selling Options
- Direct to Scrap Yards: Quick payment, simple process.
- Metal Recycling Companies: Often provide bulk collection services.
- Online Marketplaces: Useful for selling e-waste or small precious scrap items.
Tips to Maximise Your Scrap Metal Earnings
- Sort and Separate Metals: Mixing metals reduces their value. Always separate copper, brass, aluminium, and steel.
- Strip Copper Wires: Stripping insulation from wires boosts copper value.
- Monitor Prices: Stay updated on daily or weekly price changes before selling.
- Build Relationships: Loyal customers often get slightly better rates at scrap yards.
- Stay Safe: Wear gloves and safety gear when handling sharp or heavy scrap.
Legal and Safety Considerations in Melbourne
- Victorian Scrap Metal Regulations: To combat theft, the law requires sellers to present ID and payments are often cashless (bank transfer or cheque).
- Prohibited Items: Some metals like stolen copper cables are strictly illegal to trade.
- Safety Practices: Store heavy scrap safely to avoid accidents and keep toxic metals (like lead) away from children or pets.
Environmental and Community Benefits
Scrap metal recycling isn’t just about money. It contributes to:
- Sustainability: Reduces reliance on mining and conserves natural resources.
- Energy Savings: Recycling metals consumes significantly less energy than producing new ones.
- Community Benefits: Local recycling programs create jobs and keep Melbourne cleaner.
Conclusion
Scrap metal recycling in Melbourne is more than just a quick cash grab — it’s a sustainable practice with real financial rewards. From selling old appliances and aluminium cans to recycling copper wires and entire cars, the earnings can range from a few extra dollars to thousands, depending on your effort and scale.
By staying informed about current prices, sorting metals properly, and choosing the right recycling centres, you can maximise your earnings while contributing positively to the environment. Whether you’re a homeowner cleaning out your shed or a tradesperson with access to larger scrap volumes, the opportunities in Melbourne are vast and rewarding.
So, the next time you see “junk” lying around — remember, it could be money in disguise.
Frequently Asked Questions (FAQs)
Q1. How much can I make per week from scrap metal recycling in Melbourne?
If you collect casually, you might earn $100–$300 weekly. Tradespeople or bulk collectors can easily exceed $1000 per week.
Q2. Which metal pays the most in Melbourne?
Copper is the most valuable common scrap metal, often fetching between $7–$9 per kg.
Q3. Can I scrap my old car for cash in Melbourne?
Yes. Scrap cars typically earn between $200–$800 depending on weight and condition.
Q4. Do scrap yards in Melbourne still pay in cash?
Due to Victorian regulations, most payments are now made via EFT or cheque instead of cash.
Q5. Is scrap metal recycling profitable for households?
Yes. Even small items like cans, appliances, and wires add up over time and provide a steady side income.
Q6. How often do scrap metal prices change?
Prices fluctuate daily or weekly based on global demand, making it important to check before selling.
Q7. Can businesses benefit from recycling scrap metal?
Absolutely. Construction, plumbing, and manufacturing industries can save disposal costs and generate extra revenue by recycling bulk scrap.