Announced at GDC 2016, the PlayStation VR headset will hit Australian stores this October for $549.95 AUD which positions it lower than the Oculus and HTC Vive. Also announced is the PlayStation VR Cinematic Mode which allows users to stream PS4 games to the headset.

 

The price however does not include the necessary Move Camera and Controllers needed for the full VR experience which is expected to bring the cost of the total bundle over $600 AUD.

The full release specs has also been confirmed below:

PSVR-specifications