I was one of the lucky Australian's, and lucky overall, to get a Nexus 4 with the first stock that dropped, but now the super popular smartphone will reach Australian stores on February 1.
The 16GB version will set you back $499 which is much more than the $399 pricing on the Google Play Store ($349 for those in the US). You can get it slapped onto an Optus plan, which will drop the total price to around AUD$35 a month, which is not too bad at all.
When compared to unlocked competitors' phones, the Nexus 4 is still not priced too badly. The new iPhone 5 will still set you back hundreds more.