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Xbox One S: Australian pricing and availability

The upgraded Xbox One S is one of the best value 4K Blu-ray players you can buy. It plays games too, if you're into that.

Sarah Tew/CNET

The Xbox One returns to Australia -- and this time, it's smaller than ever. The Xbox One S is an upgraded version of the Xbox One console, and it's 40 percent slimmer than its beefy bigger sibling. It also packs in a slew of new features, mostly around better video playback and graphics.

The 2TB storage version retails for AU$549 and currently is the only version available. August 23 will see the release of the 500GB and 1TB versions, in bundles starting at AU$399.

It's also worth noting that the One S can play 4K UHD Blu-rays, making it one of the cheapest devices on the market capable of doing so. If you're lucky enough to have the bandwidth to support 4K streaming, the One S has you covered on that front too.

While the new feature set might not provide an incentive to upgrade, it's a good pickup for those who have yet to buy in to Microsoft's current generation of console. You can see our full review of the upgraded console here.