*UPDATED* GDC 2016: PlayStation VR is US$399, coming in October

Sony have used their PlayStation VR press event at GDC 2016 this morning to finally announce a launch window and pricing for their PlayStation VR headset. Update: We now have Australian pricing. Hit the jump to see it.

The headset itself, which appeared to have had a couple of minor alterations to its LEDs since the last time we saw it, will set customers back US$399 (or AU$535) when it launches in October of this year.

This is extremely good news for Australian players keen to get their hands on a VR headset but still smarting from the eye-wateringly high price on the purchase and import of an Oculus or HTC Vive unit.

Sony says the system will feature 50+ games and experiences by years end, will work with both the Move and Dual Shock 4 controller and will have a Star Wars Battlefront VR experience that will be revealed further at a later date.

For now, you may breathe a heavy sigh of relief, safe in the knowledge that there’s a VR headset we Aussies might actually be able to afford (but keep your wits about you because Australian pricing hasn’t been announced yet).

Update 9:19am AEDT: Sony have confirmed to Kotaku AU that Australian pricing on the headset will be set at AU$549.99. There’s a wrinkle, however, in that the required PlayStation Camera will not be a pack-in with the unit. That’ll likely set you back another 80 bucks if you don’t already own one. Move controllers, too, are absent from the box. It’s certainly very strange that Sony wouldn’t give you everything you need to run the unit out of the box, but we’re still happy it isn’t going to cost us $1000.

psvrauImage credit: Kotaku AU