TV Rex Australia's TV price comparison site

Best TVs under $500

1 result

Cheapest right now: Hisense 40" A4SAU Full HD Smart TV [2026] at $325 across 7 retailers. 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
Hisense 40" A4SAU Full HD Smart TV [2026]
Hisense 40" A4SAU Full HD Smart TV [2026] Hisense 3.99 (58 reviews)
  • Screen size 40in
  • Panel LED
  • Smart OS VIDAA
  • Refresh rate 60Hz
from $325 Appliances OnlineBilly GuyattsBetta ElectricalBing Lee +3 Compare prices
Our pick
Hisense 40" A4SAU Full HD Smart TV [2026]
Best-rated of the lineup at 3.99/5 (58 reviews), from $325.

Frequently asked

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

The Hisense 40" A4SAU Full HD Smart TV [2026] at $325, as of 5 Aug 2026.

How much does a TV under $500 cost?

Currently $325 to $325 across the 1 models we track.

Which TV under $500 is the best pick?

Our pick is the Hisense 40" A4SAU Full HD Smart TV [2026] (3.99/5), from $325.