claverton said..

More modern boats such as the Farr 1020 (for example) are selling for what the half tonners were not all that long ago:

http://yachthub.com/list/yachts-for-sale/used/sail-monohulls/farr-1020/110745

A design such as the Farr 1020 isn't compromised as are IOR boats with their big bulges amidships and crazy pinched sterns to fit in with the handicap rules of the day. IOR boats don't perform downwind. A Farr 1020 will plane and surf downwind, leaving the old IOR boat in its wake, and with a nice fractional rig

That is certainly a lovely yacht as it should be for $50k. Some of the IOR yachts were taken to extremes so as to be rule beaters. I don't think Peterson went that way. I had a Peterson 2 tonner, 42' and she tracked beautifully off the wind.

If you look at most of the Petersons you will see that they are characteristically "full" in their hull shape, bolted on rather than moulded in keels and therefore not wine glass shaped with little or no tumblehome and they would win races.

Peterson was a natural ansd started putting yachts down on paper at the age of 10.

Compare the Peterson to the hollowed out bows and sterns of the other yachts.

Thanks for that great offer MorningBird.

I am nowhere near buying another yacht at this point in time. Finding and buying a great yacht at a great price is the easy part. As we all know, the market is awash with them.

The hard part is where do you keep it once you have it????

The Burnett River is still knackered from the floods a year ago. Midtown Marina is totally gone and will not be rebuilt. All the moorings are gone and not likely to be replaced.

Anchoring in the river is a gamble on whether you will ever get your anchor out of the underwater hazards and debris again.

The Burnett Heads Marina is closing down for the redevelopment of the basin for 270 marina berths.

Bundaberg Port Marina now has a monopoly on the river which the evil owner and his partners in crime are taking full advantage of. A wet berth for a 10m yacht costs $630 for 28 days and live aboard is another $92/person. At $722 per month one could pay off a fairly substantial mortgage.

Hardstand rates are twice that at $1260 working and dry storage no working is $428 per 28 days. I believe the story is the same or worse the length of this coast. Marmong Point Marina in Lake Macquarie is about the same.

You don't need to be rich to own a yacht, but you need to be rich to keep it.

LooseChange said..

cisco said..
Bundaberg Port Marina now has a monopoly on the river which the evil owner and his partners in crime are taking full advantage of. A wet berth for a 10m yacht costs $630 for 28 days and live aboard is another $92/person. At $722 per month one could pay off a fairly substantial mortgage.

Hardstand rates are twice that at $1260 working and dry storage no working is $428 per 28 days. I believe the story is the same or worse the length of this coast. Marmong Point Marina in Lake Macquarie is about the same.

At those rates does he get any business or is this now normal costing for most marinas?

I believe it is about par.