Monday, 30 March 2026

A PS5 now costs $250 more than it did at launch in Australia

A PS5 now costs $250 more than it did at launch in Australia

Gaming is getting even more expensive as of this week: Sony Interactive Entertainment (SIE) recently confirmed that a PS5 console is increasing in price again.

Starting on 2 April, the standard PS5 with a disc drive will cost $999.95 in Australia. That’s a $170 jump, or more than a 20 per cent increase, from the last price increase in April 2025. Since the PS5’s launch in 2020, the console’s price has risen by $250, more than 33 per cent.

According to a blog post attributed to Isabelle Tomatis, SIE’s Vice President of Global Marketing, the price increase comes amidst “continued pressures in the global economic landscape”.

“We know that price changes impact our community, and after careful evaluation, we found this was a necessary step to ensure we can continue delivering innovative, high-quality gaming experiences to players worldwide,” Tomatis wrote.

SIE also confirmed increased prices for the PS5 Digital Edition, which will be $919.95, and the high-end PS5 Pro console, which will increase by $200 to $1,399.95. Sony’s price increases also impact the PlayStation Portal streaming device, which is set to cost $389.95.

Device Old price New price Percentage change
PS5 $829.95 $999.95 20%
PS5 Digital Edition $749.95 $919.95 22%
PS5 Pro $1,199.95 $1,399.95 16%
PlayStation Portal $329.95 $389.95 18%

The changes put the PS5 at the infamous $999 mark of the PS3, which was one of the priciest console launches at the time in 2007. However, adjusted for inflation, the PS3’s launch price is closer to $1,600 in today’s money.

Sony’s news follows recent reports that suggest a potential PS6 console is still years away, allegedly fuelled by the global memory shortage. Nintendo is also reportedly considering increasing the price of its Switch 2 console, while Microsoft last raised Xbox prices in May 2025.

Previous console generations often saw hardware get cheaper over time. Those days seem like a distant memory now.

The post A PS5 now costs $250 more than it did at launch in Australia appeared first on GadgetGuy.


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