PlayStation Australia have announced that PlayStation 4 is now even greater value with the price of the console dropping from its previously rrp of $549.95 to the all new price of $479.95, a saving of $80.

Jim Ryan, SCEE president and CEO commented: “We are delighted to deliver the PS4 system at its best-ever value just in time for the holiday season, making it more accessible to a broader audience in Europe.” He went on to say, “With this year’s biggest blockbusters and next year’s best exclusives such as UNCHARTED 4: A Thief’s End set to thrill players, there has never been a better time to join the PS4 community. Also, watch out for an amazing range of Ultimate Player Edition Bundles including the 1TB PS4 and some of the biggest games of the year, offering even greater value.”

No word on if the special edition consoles will come down in price, but its nice to see the base model falling into line with the rest of the world.