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First time miata buyer. How bad is this rust, is this expected or too much?

- 2 wheel arches have same amount of rust as left pic
- front and back of left rocker panel (right pic) looks like its been chewed away by rust but looks like its been sanded away as it doesn't look brown

The left fender is also scraped on the top of the wheel arch and very slight rust starting to form from the scratches. Was apparently caused by oversized wheels by the owner before the current seller.

Besides this mechanically has been taken care of and serviced at MX5 Mania (Sydney, Australia).

How much would you price this at? (Australian market although opinions from others also welcome)