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104data points analyzed by Sailpages.com to compile this COLE 43 buyer’s report
COLE 43

COLE 43

East Coast Yachts🇦🇺· Design: Peter Cole
$76,549 avg$76,549 – $76,549 (2 listings)from 1970
$3.4K – $9.1K est. annual maintenance
Bluewater CruisermonoMasthead SloopFin

Specifications

Hull

LOA43.54 ft
LWL32.22 ft
Beam10.93 ft
Draft6.5 ft
Displacement20,986 lb
Hull speed1.34·√LWL7.6 kn

Rig & Sails

Iforetriangle height51.28 ft
Jforetriangle base16.4 ft
Pmainsail luff45.93 ft
Emainsail foot15 ft
FLforestay16.4 ft
Mainsail792.5 sq ft
Jib (100%)420.5 sq ft
Spinnaker714.8 sq ft

About the COLE 43

Sailpages Buyer's Take

The Cole 43 is a robust, heavy-displacement cruising sloop designed by Peter Cole and built by East Coast Yachts in Australia, with production records indicating a single build year of 1970. With a displacement of 20986.0 lb and a D/L ratio of 280.09, this vessel represents a classic, solidly constructed offshore cruiser from the early 1970s, though the exact total hull count remains unverified in available data.

Best for:
This boat is best suited for serious bluewater cruisers and those seeking a stable, heavy-weather capable vessel, as evidenced by the high frequency of solar panel, watermaker, and wind generator installations among owners. Its substantial displacement and comfort ratio of 37.67 make it ideal for long-range passages where sea-keeping performance is prioritized over speed.
Bluewater capability:
The Cole 43 demonstrates strong offshore suitability with a low capsize ratio of 1.59 and a high displacement of 20986.0 lb, providing exceptional stability and momentum in heavy weather. Owner reports of extensive bluewater equipment upgrades, such as watermakers and wind generators, further confirm its role as a capable long-range cruiser.
Comparables:
Comparable boats include the Swan 42 and the O'Day 42, as they share similar heavy-displacement characteristics, masthead sloop rigs, and a focus on offshore durability from the same era. Like the Cole 43, these designs prioritize safety and comfort in heavy seas, often featuring similar fin keel configurations and substantial beam for interior volume.

Performance

Comfort37.7
Capsize1.59
SA/Disp16.1
Disp/Len280

ORC Performance Data(1 certificate)

Measured performance data from ORC (Offshore Racing Congress) certificates.

Polar Diagram

2468100°30°60°90°120°150°180°WIND
4kn6kn8kn10kn12kn14kn16kn20kn24knbeat VMGrun VMG

Boat speed (kn) vs. true wind angle. Source: ORC

Racing Ratings

GPH661.4 s/miOSN637.2

Triple Number

LowMedHighOffshore0.77201.03451.1713Inshore0.59930.83680.9816

ORC Measured

Displacement9273 kg (20447 lb)Wetted surface32.3 m² (347 ft²)Stability index-1.0

Sail Areas (ORC)

Main30.9 m² (333 ft²)Genoa43.2 m² (465 ft²)Spinnaker101.4 m² (1092 ft²)

Speed Table (kn)

TWA \ TWS468101214162024
52°3.64.85.86.46.87.17.27.37.3
60°3.85.16.06.77.17.37.47.57.5
75°3.95.36.26.97.37.57.77.87.9
90°3.85.16.16.87.37.67.88.18.2
110°3.85.26.37.17.57.88.08.38.3
120°3.65.06.27.07.57.98.18.58.8
135°3.24.55.76.77.37.78.18.79.2
150°2.63.85.05.96.87.37.78.38.9
Beat VMG2.23.13.94.44.74.95.05.15.1
Run VMG2.33.34.35.15.96.57.07.88.3

Estimated Value

Limited Data
Based on 2 listings
Low
$54,417
Estimated Value
$54,417
High
$54,417
Inflation-adjusted to 2026 USD

Estimated Cost of Ownership

Based on 43.54ft LOA. Actual costs vary by condition, usage, and local rates.

$/ft/mo
Annual Maintenance
$3.4K – $9.1K
Hull, rigging, sails, engine service
Annual Docking
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Known Issues & Pre-Purchase Inspection

16 reported issues across 6 systems for the COLE 43, compiled from owner reports in sailing forums and owner-association material.

9 critical1 major6 minor
Rigging5Structural4Engine3Deck2Rudder1Hull1

Unlock the full inspection report

Thinking of buying a COLE 43? This is an in-depth report on the faults this model is known for — so you know exactly what to check when you walk the boat. For the price of a coffee.

  • All 16 specific issues — severity, symptoms & fixes
  • Model-specific pre-purchase inspection checklist
  • Downloadable PDF to take to your surveyor — yours to keep

One-time $2.99 · secure checkout by Stripe · instant access · 30 days online, PDF yours to keep

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