The cost of becoming a puppy-parent has skyrocketed as much as 900% in 2021.
- Groodle puppies have skyrocketed 900% in price from 2010 to 2021.
- The price of a Corgi puppy in Australia has surged 649% since 2010.
- Instagram trends and work-from-home directives fuelled the puppy price inflation during the pandemic.
Lonely lockdowns, travel restrictions and social media feeds with adorable puppies have sent both demand and the cost of puppies skyrocketing in 2021.
In 2010, an Aussie could pick up a new Maltese X Shih Tzu puppy for $500 – less than a return flight from Perth to Sydney.
Fast forward to 2021 and prices have surged by 740%, with the average Maltese X Shih Tzu puppy costing $4,200 today.
Queen Elizabeth’s Corgis started a social media trend, spiking demand for the small, pointy-eared dogs.
Designer dogs are also on trend. The price of a ‘Groodle’ (Golden Retriever mixed with a Poodle) has surged 900% from a low of $600 in 2010 to over $6,000 in 2021.
The global pandemic fuelled demand for puppies as work-from-home directives led to an increasing number of lonely Aussies, pushing demand well beyond supply.
A number of downsides to the puppy pandemic include a rise in illegal puppy farms around the country and online scams for dogs that never arrive.
The NSW Government even set up the ‘Puppy Factory Taskforce’ to combat the rise in illegal puppy farms.
Read the full story
in the Grafa app
To read the full article and more in the Grafa app, available on all app stores.
Track the trends
Get the hot tips first
Stay close to your investments
Learn to trade like a pro
Let your money entertain you