Interior is not that expensive part if it sound some cleaning,carpet and paint perhaps.

Re -Rigging can cost up to $5,000 depending what needs to be done.

Sails? $6,000

Anti-foul and slipping? $2,000

Electronics? $500 to $2,000

Total $15,000

+. $37,000

Total $52,000

Now check out the boats for $50,000 and see if it compares.

Great boats but there are heaps of them in WA for sale at the moment.
Good news is if it's on at 37K you'll get it for 30K - give or take.

At 37 it doesn't sound like a bargain if there is a lot to do.
But it's not excessive either given the quality of these boats.

Don't buy through a dealers and you'll save 10-15% straightaway.
Go to the yacht club notice boards if you want to bypass the dealers.
Everyone allows a minimum of 10% on top of that for bargaining.
Therefore boatsonline and basic haggling will get you 20% without trying.

As someone who has spent way more than I should have on my S&S
I would say if you love it go for it, everything's fixable !!!!
But if it doesn't knock your socks off , hold off and check out a few more until you are
able get guide as to what represents good value.

It's not a rare boat - so if you miss this one they'll be another.

Checking Boat Point, Yacht Hub and Yachtdomain there doesn't seem to be that many of them for sale.

You might want to check out this MKI S&S 34. It is built with epoxy not polyester resin.

Buy it for $18,000 and spend the same amount on it, you could end up with one of the best and most valuable S&S 34s in the country.

Disclaimer:- I am very closely associated with the vendor of this yacht.

http://yachthub.com/list/yachts-for-sale/used/sail-monohulls/sparkman-stephens-34/116052

Failing that this Peterson 40 is worth a look too. It is only just across the bight from you. Bargain of the year in my humble opinion.

www.boatpoint.com.au/boats-for-sale/boatdetails.aspx?R=10457348

^ That doesn't look like the S&S I sailed on all those years ago. Fantastic!

Unfortunately the negotiating has been done so $37k was bottom dollar. At $30k I don't think I would hesitate. I think sun seeker hit the nail on the head. It's not quite knocking my socks off.
To bring her up to standard could be quite expensive. Things like masthead sheaves I hadn't even thought of.

I appreciate all your comments and experience