Hi Reef Knot
Please temper below as I am defs a tight A & don't have ready access to invoices, I've got a Seawind 24 & a Carter 33- I'll use the Carter memory bank but the seawind more exxy on insurance
Registration (annual) about 340
Insurance (annual) NRMA about 890
slipping / anti foul (annual?), Once every 5- use multiple coats of micron nearly due but self applied maybe 2k
Engine service (50/100 hours?) oil & filter maybe 60
Standing rigging (10 years?) ... good question
Running rigging (5 years?) be lucky to spend 300 per annum
Anodes (annual?) engine Buhk about 12 dollars annual, shaft anode about every 3 years maybe so maybe 50 per annum max
Mooring fee (annual) from memory similar to rego I think about 380 on port hacking
Mooring service / inspection (annual) varies from minimum of 250-300 through to 800, had one for 1200 when I upgraded to double block, don't skimp on this. On my seawind I self service and include a stat dec & pics but can stand on the block at low tide.. on port hacking too deep & too many blue ring octopuses make it dangerous & unwise...
Hope that helps, so about 3K pa without looking at standing rigging, pretty sure another 3k goes in there on varnish & other odds & ends but this is closer to the project end with some repainting/abrasives/the odd whitworths purchase etc. Pretty sure 5 k on standing rigging would kill it one or two runs at a time so another 1K pa
... call it 3 to 7K pa on a 33' . Easy go much much more if employing yard labour for everything- starts about 75-85, averages at 100-110 ph but some specialists at the 140ph, kind of eye watering if on wages .
Regards from Jeff.
You might want to add covers & sails in there.

1 boat dollar every time you walk into whitworths

Unsure if you want to stay in sheltered waters, but if no some safety stuff.

Liferaft. -- Painful to buy ($5K) and painful to service ($1.2K every 12 months), so rent one if you need it.
Co2 canisters on pfd's.
Co2 canister on Dan buoy
Flares, daytime and nightime, every 12 months.
Sat phone $1K + payg plan ($60 month)
Jacklines (cheap but labour intensive, every 12 months inspect and replace. )

PC Nav software updates ($10-400 pa)
Routing, weather and tide modelling subscriptions -- buyer dependent) ($10-1000 pa)

Monthly dive hull clean -- ($1440 pa)

Cheers!
SB

tired said..
650 for boat rego?
Seriously??

I pay $81 each for 4 boats
Free boat ramps/ parking as well, if you use them
$1000 marina ( the povo section admittedly )

$650 rego...
Gosh me!
and other descriptive words

Yep its the price you pay for a 57ft Perry here in Qld

I pay $340 for my 8 meter Performance Plate fishing boat , it hurts me hahaha

Ramona said..

Reef Knot said..
I am putting together a budget to work out the approximate annual costs of running and maintaining a boat and could do with some help to make sure I haven't missed anything. See this list below, is there any cost category that I should add that incurs a regular cost?

Registration (annual)
Insurance (annual)
slipping / anti foul (annual?)
Engine service (50/100 hours?)
Standing rigging (10 years?)
Running rigging (5 years?)
Anodes (annual?)
Mooring fee (annual)
Mooring service / inspection (annual)

I am not worried about running costs, I just want to understand the ongoing commitment so I can ensure I budget appropriately. For the engine service, anti fouling, anodes expect I will be doing that work myself.

I may come back later and ask for feedback on how much I have allocated, but for now I just want to make sure I haven't missed any category.

You're in NSW so much will depend on how old you are and where you live. I'm in the country and a pensioner so my government fees are less and I only pay 50% as well. In my case insurance for 3rd party property is about $180. Slipping and antifoul is about $1000 every two years. Rego is about $180 and mooring is about the same. Everything else is incidental but you have to plan on updating sails every now and again. The best thing is not to think about it too much. Have friends that will help out with the stuff you can't handle and offer your services in exchange.

insurance for 3rd party property is about $180. Could you please advise what insurance company?

tired said..

shane450 said..


Yep its the price you pay for a 57ft Perry here in Qld

I pay $340 for my 8 meter Performance Plate fishing boat , it hurts me hahaha

So just checked all the boat rego papers that came last week, just in case l'd lost me mind or MAST had put the price up, sneaky like...

Yep, all the same price, from 15ft to 30 ft ( ain't got one of them really big boats, lol maybe when l grow up but as l'm 62 in 5 days that might not happen either )

$81 each, in Tas.

$218 for 20 footer in Qld. . So your a boat fleet owner ,you capitalist you. You've got at least another 25 years sailing ,go buy another bigger,better one

Ramona said..
You're in NSW so much will depend on how old you are and where you live. I'm in the country and a pensioner so my government fees are less and I only pay 50% as well. In my case insurance for 3rd party property is about $180. Slipping and antifoul is about $1000 every two years. Rego is about $180 and mooring is about the same. Everything else is incidental but you have to plan on updating sails every now and again. The best thing is not to think about it too much. Have friends that will help out with the stuff you can't handle and offer your services in exchange.

I'm a pensioner in (Lake Macquarie) NSW too & I pay $142 for rego but $688 for a mooring to RMS!!!

I knew mooring fees varied at different locations but that's a fair difference!

$1200 Insurance, slipping varies but usually around $2000/2yrs

Lazzz said..

Ramona said..

I'm a pensioner in (Lake Macquarie) NSW too & I pay $142 for rego but $688 for a mooring to RMS!!!

I knew mooring fees varied at different locations but that's a fair difference!

Your boat is obviously in the next size bracket for the mooring fees.

I would also include two additional cost catagories, "minor maintenance" and "major maintenance / upgrades". Minor maintenance covers all sorts of ongoing items; buying shackles you drop over the side, varnish / oil for touch up, etc etc. Major maintenance / upgrades depends a lot on the age of the boat and what your plan usage is. Keeping a boat in a river for occassional day trips is a lot cheaper than keeping a yacht for offshore cruising / racing. Over the last 10 years major maintenance / upgrades have included (on various yachts) osmosis treatment $6,500, heat exhanger replacement $9,000, battery replacements $,3500, fitting AIS $1,500, updating solar $2,500, etc, etc.

Ilenart

southace said..

Ilenart said..
I would also include two additional cost catagories, "minor maintenance" and "major maintenance / upgrades". Minor maintenance covers all sorts of ongoing items; buying shackles you drop over the side, varnish / oil for touch up, etc etc. Major maintenance / upgrades depends a lot on the age of the boat and what your plan usage is. Keeping a boat in a river for occassional day trips is a lot cheaper than keeping a yacht for offshore cruising / racing. Over the last 10 years major maintenance / upgrades have included (on various yachts) osmosis treatment $6,500, heat exhanger replacement $9,000, battery replacements $,3500, fitting AIS $1,500, updating solar $2,500, etc, etc.

Ilenart

I do not drop shackles or actualy anything over the side apart from the odd hat. 9k for heat exchancher?

afraid so, just dug out the invoice and was pretty close, actual bill was over $10k, which included heat exchanger assembly, exhaust mixer, seawater pump, labour & full annual service. Actual heat exchanger was $4,600 plus gst. The surveyor's estimate was $10k. Not a big issue for me as it formed part of the discount on the purchase price. The PO tried saving money by patching the exhaust mixer himself, rather than doing a proper job and replacing the exhaust mixer. So it ate into the heat exchanger, so it was a writeoff.

The main point I was making it that you need to budget for unexpected costs, and major maintenance / upgrades can be expensive. Have a mate who just spent $10k on upgrading electronics, ie radar, chartplotter, AIS, etc.

Ilenart

Wow! Go away for a couple of days and come back to a massive amount of information. Thank you to everybody that has posted. I will read all of the replies, but I can see already there are things I had missed.

Ilenart said..

southace said..

Ilenart said..
I would also include two additional cost catagories, "minor maintenance" and "major maintenance / upgrades". Minor maintenance covers all sorts of ongoing items; buying shackles you drop over the side, varnish / oil for touch up, etc etc. Major maintenance / upgrades depends a lot on the age of the boat and what your plan usage is. Keeping a boat in a river for occassional day trips is a lot cheaper than keeping a yacht for offshore cruising / racing. Over the last 10 years major maintenance / upgrades have included (on various yachts) osmosis treatment $6,500, heat exhanger replacement $9,000, battery replacements $,3500, fitting AIS $1,500, updating solar $2,500, etc, etc.

Ilenart

I do not drop shackles or actualy anything over the side apart from the odd hat. 9k for heat exchancher?

afraid so, just dug out the invoice and was pretty close, actual bill was over $10k, which included heat exchanger assembly, exhaust mixer, seawater pump, labour & full annual service. Actual heat exchanger was $4,600 plus gst. The surveyor's estimate was $10k. Not a big issue for me as it formed part of the discount on the purchase price. The PO tried saving money by patching the exhaust mixer himself, rather than doing a proper job and replacing the exhaust mixer. So it ate into the heat exchanger, so it was a writeoff.

The main point I was making it that you need to budget for unexpected costs, and major maintenance / upgrades can be expensive. Have a mate who just spent $10k on upgrading electronics, ie radar, chartplotter, AIS, etc.

Ilenart

You can budget for break downs but that's a unknown figure when it comes to annual costs. It really depends on the age of the vessel and how well maintained it is.

I halved my costs a while back. I used to sail on a mate's boat and he used to sail on mine. After laughing about the possibility of getting the one boat between us for years, one day when we were sailing to Sydney we simply dicided to sell our boats and buy one. We did not fall into the trap of buying something twice as big and voila costs halved!!! Five years down the track and we have not had a single problem with the arrangement and with two skippers, the boat gets off the mooring more regularly and she is better maintained than our individual boats ever were.

Phantom32 said..
I halved my costs a while back. I used to sail on a mate's boat and he used to sail on mine. After laughing about the possibility of getting the one boat between us for years, one day when we were sailing to Sydney we simply dicided to sell our boats and buy one. We did not fall into the trap of buying something twice as big and voila costs halved!!! Five years down the track and we have not had a single problem with the arrangement and with two skippers, the boat gets off the mooring more regularly and she is better maintained than our individual boats ever were.

FreeRadical has a very well
running syndicate that seems to work well... it obviously all depends on the dynamics of the group..

tired said..
650 for boat rego?
Seriously??

I pay $81 each
and other descriptive words

I had a boat 47'er registered under my old mans name for a little while in QLD. That was about $450 and that was with a 75% DVA pension.