In what makes it the most affordable VR system around, PlayStation have announced that the PlayStation VR will be launching this October and will cost $549.95.

“Ever since we unveiled PS VR during the 2014 Game Developers Conference, we’ve received a tremendous response from gamers and developers alike,” said Andrew House, President and Global CEO of Sony Computer Entertainment Inc.  “To make sure that we are able to prepare and deliver enough units of PS VR and a wide variety of software titles to consumers worldwide, we have decided to launch PS VR in October 2016.  For those who are looking forward to its launch, we would like to thank everyone for their patience and continued support.  We are beyond excited to deliver to consumers the amazing experience that PS VR offers.”

Michael Ephraim, Managing Director Sony Computer Entertainment Australia and New Zealand says: “Innovation is in our DNA at PlayStation and PS VR is the single biggest step change in technology I’ve seen in over 20 years at PlayStation. There’s a huge amount of excitement around VR in Australia and I am really pleased that we are in a position to share this news with our fans.”

For those looking to order one, places like EB Games are already taking orders, but if you want to know what you get with your package, you can see everything included below

Of course the big reason to get anything new hardware wise is the games that are coming for it, with over 160 titles in development, with about 50 of those expected to launch this year. Additionally, DICE and Lucasfilm are working on an all-new Star Wars Battlefront gaming experience only for PS VR.

For those that are techincal minded, here are the full specs of the hardware.

Product name	PlayStation®VR
Product code	CUH-ZVR1series
Release month	October 2016
Recommended Retail Price	$549 AUD, 44,980 yen, $399 USD, £349 GBP and  €399 EUR
External dimensions	VR headset: Approx. 187×185×277 mm (width : Approx. 187×185, excludes largest projection, headband at the shortest) Processor unit: Approx. 143×36×143 mm (width or unit: Approx. , excludes largest projection)
Mass	VR headset: Approx. 610g (excluding cable) Processor unit: Approx. 365g
Display Method	OLED
Panel Size	5.7 inches
Panel Resolution	1920×RGB×1080   (960×RGB×1080ionApprox
Refresh rate	120Hz ,   90Hz
Field of View	Approximately 100 degrees
Sensors	Six-axis motion sensing system (three-axis gyroscope, three-axis accelerometer)
Connection interface	VR headset: HDMI, AUX, Stereo Headphone Jack Processor unit: HDMI TV, HDMI PS4, USB, HDMI, AUX
Processor Unit  Function	3D audio processing, Social Screen (mirroring mode, separate mode), Cinematic mode
Included	VR headset × 1 Processor unit × 1 VR headset connection cable × 1 HDMI cable × 1 USB cable × 1 Stereo headphones × 1 (with a complete set of earpiece) AC power cord × 1 AC adaptor  × 1