From what I see, this is the lowest verified local price for the AU model with warranty. It’s the next-gen upgrade from the Garmin Edge 530 GPS Bike Computer $249 (Club Price) Delivered / C&C / In-Store @ 99 Bikes.
The Edge 540 adds multi-band GPS, ClimbPro, adaptive coaching, and up to 42hr battery life.
Also worth noting: the Garmin Edge 840 (touchscreen + solar-ready) is on sale for $499 at Pushys too.
My Christmas present sorted :)
840/540 have a very annoying screen issue: it becomes unreadable at night (due to adjustable backlight that is decreased to around 10% in complete darkness). 530/830 did not have that issue and 50 series with AMOLED screen should be even better. In a bright sunny day series 40 is very clear though due to the screen technology.
If you don't used navigation extensively and only analyse the data past the ride alternative would be to get a forererunner series watch which would also have all the cycling metrics same as edge.
And the Garmin Edge Explore 2 $429.99 - large touchscreen, however lacks the high-end training stuff, which you generally need a power meter for.