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urb said..
...what should i expect to pay... ?
For 5-8 YO gear, easily under $800 all up, and maybe under $500 if you are a hard haggler and or willing to wait for bargains. You'll find people will be give you stuff for free. I recommend buying your base brand new rather than having somebody give you one. I've seen too many failures of old bases.
Regarding what to get, make sure you seek advice from somebody your weight and height that is independent (ie: not a salesman), and preferably a Cairns local.