Although the tank may already be running, it is a freshwater system. You will have to remove all water, gravel etc. So basically all you have for a marine setup is a tank and sump at the moment. And believe me the actual tank is the least expensive part of the hobby.
For a start, I assume you use canister filters for your fw setup? These can problematic in a saltwater setup. If they are used, they are generally used to hold carbon or phosphate removers, defiantly NOT as a means of mechanical filtration.
So filtration you will need a skimmer, $1000 new (minimum). Live rock, probably around 200Kg, don't know how much this is in aussie, but here it is $13/kg = $2600 Live rock is THE most important part of filtration. The more you have the more fish you can keep. Coral sand maybe $100.
Test kits $130
Chiller $1000 (probably more)
Power heads / closed loops $800
Lighting depends on what you want to keep:
Full stoney reef 5 x 250W MH = $1200
Reef 3 x 250W MH = $720
Fish only = $0 (existing lighting)
so thats $5630 for a basic fish only system to $6830 for a very basic full reef system, before you have any fish or corals. So if anything the $7000 budget is a little low.
There will be a long cycling time, much longer than freshwater. Unlike freshwater, this cycling time is necessary. If you try to add live stock when the tank has not cycled, it will die.