Steam Deck OLED Price Soars in Australia: What You Need to Know

Steam Deck OLED Price Soars in Australia: What You Need to Know
May 28, 2026

Price Hike Alert!

So, guess who’s playing the price hike game? Yup, it’s the Steam Deck OLED! Our friends over at Valve decided to crank the prices up by nearly 50% in Australia, and boy, oh boy, the numbers are enough to make anyone’s head spin! The 512GB Steam Deck OLED has jumped from AU$899 to a whopping AU$1,199! And if you want the 1TB model, you’ll have to fork out AU$1,429 instead of AU$1,049. Talk about a wallet buster!

What’s Going On?

Now, you might be saying, “Hey, isn’t the 512GB model supposed to be cheaper?” Well, surprise! It’s currently more expensive than what the 1TB was going for just last week. Welcome to the weird world of gaming pricing in 2026!

Here’s a quick breakdown of the new prices:

Model Old Price New Price
Steam Deck LCD AU$649 n/a
Steam Deck OLED 512GB AU$899 AU$1,199
Steam Deck OLED 1TB AU$1,049 AU$1,429

Interestingly, the Steam Deck LCD model hasn’t shot up in price, and there’s a solid reason behind it: they’ve stopped making it. What’s left in stock is really just the leftovers from the good old days before the AI craze took over and turned the tech world upside-down.

Across the globe, most folks are out of luck — the affordable Steam Deck LCD is pretty much extinct. Meanwhile, Australia is holding onto a glimmer of hope (or rather a slightly less expensive option) in this gaming console saga. If you’re in Australia and eyeing a Steam Deck, now’s your chance before stock runs out!

But a little heads up: the cheaper models have their drawbacks. The battery life? Not stellar. The performance? Mildly better. And let’s not forget, it’s still rocking an LCD screen while the OLED flaunts those vibrant colors.

Valve made it clear: “Steam Deck itself hasn’t changed. These new prices reflect the current state of component costs and global production struggles. We’ll keep you posted if anything shifts.” Sounds like the gaming conference mirror isn’t going to help our wallets anytime soon!

In the larger picture, other consoles like the PS5 and Nintendo Switch 2 are feeling the sting of the component shortage as well. The gaming market is like a rollercoaster you didn’t sign up for, so hang on tight!

For those who are on the lookout for gaming gadgets, the ASUS Rog Xbox Ally is currently a steal at AU$799, so why not snag one of those if you need a gaming fix?