The Compass 38 stands as the refined flagship of the Compass Yachts Ltd. fleet, representing the high-water mark of production boatbuilding in Australia and New Zealand during the 1970s. While the company is most famous for the high-volume production of the Compass 28 and 29, the 38 was conceived for sailors seeking a true blue-water platform with greater volume and passage-making speed. Built primarily between 1970 and 1979, with approximately 50 units produced, the model was designed by Claude Allen Smith. It followed the successful blueprint of the Pacific 38—a New Zealand-born design that shared a similar hull form and offshore philosophy. Characterized by a solid fiberglass hull and a purposeful, traditional profile, the Compass 38 remains a staple for cruisers traversing the challenging waters of the Tasman Sea and the Bass Strait.
Compass 38 Information, Review, Specs

- Make
- Compass
- Model
- 38
- Builder
- Compass Yachts
- Designer
- Claude Allen Smith
- Number Built
- 50
- Production Year(s)
- 1970 - 1979
Sailing Performance & Handling
The Compass 38 is a heavy-displacement cruiser that prioritizes sea-kindliness over light-air agility. With a Sail Area to Displacement (SA/Disp) ratio of approximately 14.5, the vessel is often described as under-canvassed for light coastal breezes but exceptionally well-balanced when the wind exceeds 15 knots. Its hull features a moderate fin keel and a substantial skeg-hung rudder, a configuration that offers a high degree of directional stability and protection against submerged debris.
In heavy weather, the boat’s high ballast-to-displacement ratio (roughly 43%) ensures it remains stiff and upright long after lighter production boats are forced to reef. Owner accounts from the Compass Yacht Group frequently highlight the vessel’s ability to self-steer effectively when the wind is forward of the beam. However, the deep draft and significant momentum mean the 38 lacks the nimble "point-and-shoot" feel of modern racing-inspired cruisers; instead, it offers a predictable, "train-on-tracks" experience that minimizes crew fatigue during multi-day offshore legs.
Interior Comfort & Variations
The interior of the Compass 38 is a classic reflection of the 1970s "teak and mahogany" era, prioritizing a functional, secure layout for use at sea. With a generous headroom of approximately 1.9 meters (6'2"), the cabin feels spacious compared to its smaller siblings. The standard configuration includes a traditional V-berth forward, followed by a head and shower compartment. The main salon typically features a U-shaped settee to port and a straight settee to starboard, both of which serve as excellent sea berths when fitted with lee cloths.
Variations in the interior are common, as some hulls were sold for amateur completion or customized by the yard. Most models feature a well-appointed galley to starboard of the companionway and a dedicated chart table to port. A notable variation is the inclusion of an aft quarter-berth or a small enclosed aft cabin, which utilizes the volume under the cockpit. While the "Pacific 38" sibling—often cited in editorial reviews like Trade A Boat—was occasionally rigged for club racing with a more Spartan interior, the Compass-built 38s were almost exclusively fitted out as comfortable, long-term cruising homes.
Known Issues & Buyer’s Checklist
Prospective buyers of a Compass 38 should focus on the technical realities of 50-year-old GRP construction. While the hulls are famously thick, three specific areas require rigorous inspection:
- Osmotic Blistering: Like many Australian-built boats of this era, the Compass 38 is susceptible to hull osmosis. While often cosmetic, extensive blistering in the laminate may require a "peel and dry" treatment, which can be a significant capital expense.
- Deck Core Integrity: The decks utilize a sandwich construction (often balsa or plywood). Leaking deck hardware—specifically around stanchion bases and the mast step—can lead to core rot. Buyers should check for "spongy" areas or delamination underfoot.
- Engine & Systems Age: Many units still carry their original Volvo or Yanmar diesel engines. Given the age, cooling system blockages and exhaust elbow corrosion are common. Additionally, the original wiring and plumbing are typically past their service life and may require a full refit to meet modern safety standards.
- Rudder Bearings & Skeg: The skeg-hung rudder is a robust design, but the bushings and the point where the skeg attaches to the hull should be checked for play or stress cracking, particularly if the vessel has a history of groundings.
Community & Resources
The legacy of these vessels is preserved by a dedicated enthusiast community. The most prominent resource is the Compass Yacht Group, a technical association that maintains archives of original brochures, designer notes, and repair guides for the entire Compass range. This group serves as a vital knowledge base for owners attempting to source period-correct hardware or technical advice for offshore preparation.
The Verdict
The Compass 38 is a "sailor’s sailboat" for those who value durability and safety over modern aesthetics and light-air speed. It remains an affordable entry point for blue-water cruising in the Southern Hemisphere.
Pros
- Rugged Construction: Overbuilt solid GRP hull capable of withstanding heavy offshore conditions.
- Sea Manners: Predictable handling and high stability make it a safe platform for small crews.
- Classic Aesthetics: Timeless lines and a warm, traditional interior.
- Value: Significantly more boat for the money compared to newer, thinner-skinned imports.
Cons
- Light Air Performance: Struggles in breezes under 10 knots; often requires motoring in light coastal conditions.
- Maintenance Debt: Older vessels frequently require significant investment in rigging, engines, and electronics.
- Maneuverability: The long keel and significant displacement make docking in tight marinas a challenge without a bow thruster.
Measurements
Construction & Hull
- Construction Material
- Fiberglass
- Hull Type
- Monohull Sailboat
- Keel Type
- Fin
- Rudder
- 1x Skeg-Hung
- Ballast
- 7055 lbs (Lead)
- Displacement
- 16226 lbs
- Water Capacity
- 100 gal
- Fuel Capacity
- 30 gal
Dimensions
- Length Overall (LOA)
- 37.73 ft
- Waterline Length (LWL)
- 30.48 ft
- Beam
- 11.08 ft
- Draft
- 5.97 ft
- Max Headroom
- 6.23 ft
- Air Draft
- -
Rig & Sails
- Rig Type
- Masthead Sloop
- P (Main Luff)
- 39 ft
- E (Main Foot)
- 12 ft
- I (Foretriangle Height)
- 44 ft
- J (Foretriangle Base)
- 15.6 ft
- Forestay Length (est)
- 46.68 ft
- Sail Area
- 577 sqft
Calculations
- Sail Area / Displacement (SA/D) Ratio
- 14.4
- Ballast / Displacement Ratio
- 43.48
- Displacement / Length Ratio (D/L) Ratio
- 255.81
- Comfort Ratio
- 31.2
- Capsize Screening Formula
- 1.75
- Hull Speed
- 7.4 kn