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PlayStation 5 Prices Announced, Pre-Orders Sell Out In Under 2 Hours

The PS5 is on the horizon, launching November 12th, with Australian costs $749.95 and $599.95 for the digital edition

The PlayStation 5 pricing was announced at the closing of the most recent PlayStation showcase event:

(Credit: PlayStation)

PlayStation Twitter Announcement:

Within 2 hours of the announcement, most retailers like EB Games and JB Hifi were reportedly sold out of Pre-order stock, leaving many PlayStation fans sour over the handling of local pre-ordering.

Some retailer sites crashed during peak customer influx, with several Gaming Australia members reporting EB games, Harvey Norman and other retailers failed to process their orders.

Others retailers were flooded with purchasing-bots and potential scalpers, both looking to buy as many consoles as possible to then on sell at inflated prices across the likes of Ebay, Amazon, and Facebook's Marketplace.

Many unfortunate gamers seeking information on pre-ordering, were met with nothing but a barrage of posts, like this image (left), requesting exorbitant sums for the $749.95 console.

But, there is a light at the end of the tunnel!

(The PlayStation 5 Family)

Retailers are currently working through the pre-order listings to locate duplicated, and bot created orders, violating their purchasing guidelines. So don't give up hope on getting yourself a pre-order just yet!

EB Games Australia - spreading some hope

There will be several future rounds of ordering that have already been confirmed, and the possibility of many more consoles becoming available once retailers have had a chance to remove illegitimate orders from their system. So stay tuned for more information as we edge closer to November 12th!

So how did you find this latest PlayStation presentation? Were you among the lucky gamers able to snag yourself a new PlayStation 5 pre-order? Let us know in the comments!

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