TV Rex Australia's TV price comparison site

Best TVs under $500

2 results

Cheapest right now: TCL 40" S5K Full HD Android Smart TV at $368 across 7 retailers. The 2 models we track run $368-$479. Updated 5 Aug 2026

Under $500 is the entry tier: a capable second TV for a bedroom, study or spare room, or a first smart TV. Most sets here are 4K LED at smaller-to-mid sizes with a mainstream smart platform, so the useful comparisons are size, brightness and which smart system you prefer.

We rank for value, weighing reviews against the live cheapest price, and the figures refresh automatically from the retailers we track, so the list only ever shows what is actually under $500.

1
TCL 40" S5K Full HD Android Smart TV
TCL 40" S5K Full HD Android Smart TV TCL 4.01 (102 reviews)
  • Screen size 40in
  • Panel QLED
  • Smart OS Google TV
  • Refresh rate 60Hz
from $368 $77 off (17%) Billy GuyattsThe Good GuysAppliances OnlineJB Hi-Fi +3 Compare prices
2
CHiQ 43" 4K QM10 QLED Smart Google TV U43QM10
CHiQ 43" 4K QM10 QLED Smart Google TV U43QM10 Chiq 4.50 (20 reviews)
  • Screen size 43in
  • Panel QLED
  • Smart OS Google TV
from $479 $70 off (13%) Billy GuyattsAppliances OnlinePowerlandBing Lee +1 Compare prices
Our pick
CHiQ 43" 4K QM10 QLED Smart Google TV U43QM10
Best-rated of the lineup at 4.50/5 (20 reviews), from $479.

Frequently asked

What's the cheapest TV under $500 right now?

The TCL 40" S5K Full HD Android Smart TV at $368, as of 5 Aug 2026.

How much does a TV under $500 cost?

Currently $368 to $479 across the 2 models we track.

Which TV under $500 is the best pick?

Our pick is the CHiQ 43" 4K QM10 QLED Smart Google TV U43QM10 (4.50/5), from $479.