Buyer guide
SSD prices in Australia (November 2026): NVMe and enterprise drives
By Nicholas Dodemaide, Director · Updated · 5 min read
On 15 November 2026 the cheapest 2 TB NVMe SSD in Australia was A$226.70 and the cheapest 4 TB was A$449, about A$112 per terabyte. Enterprise U.2 and E3.S drives were not listed by any Australian retailer, so they are bought on quote. Flash prices have climbed because AI data centres are buying huge high-capacity drives: Phison's chief executive said NAND prices have more than doubled and 2026 production is sold out.
NVMe SSD prices in Australia right now
| Drive | Capacity | Interface | Price incl. GST | Retailer |
|---|---|---|---|---|
| MSI Spatium M470 Pro | 2 TB | PCIe 4.0 | A$226.70 | Computer & Parts Land |
| HP FX700 | 2 TB | PCIe 4.0 | A$259.00 | Computer & Parts Land |
| Samsung 970 EVO Plus | 2 TB | PCIe 3.0 | A$274.00 | MSY, Umart |
| Transcend MTE260S | 2 TB | PCIe 5.0 | A$329.00 | MSY, Umart |
| HP FX700 | 4 TB | PCIe 4.0 | A$449.00 | Computer & Parts Land |
| KLEVV Cras C910 | 4 TB | PCIe 4.0 | A$549.00 | MSY, Umart |
| MSI Spatium M461 | 4 TB | PCIe 4.0 | A$599.00 | Computer & Parts Land |
Why are SSD prices going up?
Hard drives ran short, so cloud and AI operators switched to very large QLC flash drives for training data and inference, and booked out NAND production. Phison's chief executive said in 2026 that NAND prices had more than doubled and that all of 2026's production was already sold, with high prices expected through 2027.
| Indicator | Figure | As at |
|---|---|---|
| NAND prices, per Phison's CEO | more than doubled; 2026 output sold out | 2026 |
| Consumer SSD prices | up about 303% in a year | 2026 |
| Enterprise SSD contract prices, one tracker | forecast up 23% to 28% quarter on quarter | Q4 2026 |
| Australian Google searches for 'ssd prices' | about 880 a month, peaking at 1,300 | Oct 2026 |
Enterprise SSDs: buy on quote
No Australian retailer listed a U.2 or E3.S enterprise drive of 7.68 TB or more on 15 November 2026. Data-centre drives from 3.84 TB to 61.44 TB are sold through distributors on quote, with lead times set by factory allocation, so specify them with the server rather than after it.
How to buy SSDs in a shortage
- For desktops, PCIe 4.0 drives are the value tier: the cheapest 2 TB and 4 TB drives on the market were all PCIe 4.0.
- For servers, quote drives with the system and ask for the lead time in writing.
- Choose TLC for write-heavy work such as checkpoints, and high-capacity QLC for read-heavy datasets.
Methodology: how we collected these prices
We read StaticICE's Australian listings for '2tb nvme ssd m.2', '4tb nvme ssd m.2' and 'u.2 ssd enterprise' on 15 November 2026, kept internal M.2 drives, and recorded the cheapest listings. Prices include GST and change daily. Search volumes are Google Ads estimates for Australia, retrieved the same day.
Common questions
- Why are SSDs so expensive in 2026?
- AI data centres are buying huge flash drives and have booked out NAND production. Phison's chief executive said NAND prices more than doubled and 2026 output is sold out.
- How much is a 4 TB NVMe SSD in Australia?
- From A$449 including GST on 15 November 2026, about A$112 per terabyte.
- Where can I buy enterprise U.2 SSDs in Australia?
- Through distributors and suppliers on quote; no Australian retailer listed high-capacity U.2 or E3.S drives on 15 November 2026.