TV Rex Australia's TV price comparison site

Best TVs under $500

4 results

Cheapest right now: FFalcon 40" S55 Full HD LED Smart TV [2025] at $299 across 2 retailers. The 4 models we track run $299-$394. 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
Samsung 32" F6000F Full HD Smart TV
Samsung 32" F6000F Full HD Smart TV Samsung 4.34 (1154 reviews)
  • Screen size 32in
  • Panel LED
  • Smart OS Tizen
  • Refresh rate 50Hz
from $394 $105 off (21%) Bing LeeJB Hi-FiThe Good GuysSamsung +2 Compare prices
2
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 ElectricalThe Good Guys +3 Compare prices
3
FFalcon 40" S55 Full HD LED Smart TV [2025]
FFalcon 40" S55 Full HD LED Smart TV [2025] FFalcon 3.41 (41 reviews)
  • Screen size 40in
  • Panel LED
  • Smart OS Android TV
  • Refresh rate 60Hz
from $299 The Good GuysJB Hi-Fi Compare prices
4
Blaupunkt 40" Full HD TV with Tizen OS DVD Player and 12V Car Charger
Blaupunkt 40" Full HD TV with Tizen OS DVD Player and 12V Car Charger Blaupunkt
  • Screen size 40in
  • Panel LED
  • Smart OS Tizen
  • Refresh rate 60Hz
from $349 JB Hi-Fi Compare prices
Our pick
Samsung 32" F6000F Full HD Smart TV
Best-rated of the lineup at 4.34/5 (1154 reviews), from $394.

Frequently asked

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

The FFalcon 40" S55 Full HD LED Smart TV [2025] at $299, as of 5 Aug 2026.

How much does a TV under $500 cost?

Currently $299 to $394 across the 4 models we track.

Which TV under $500 is the best pick?

Our pick is the Samsung 32" F6000F Full HD Smart TV (4.34/5), from $394.