Like anything you buy online, there's always a risk. I just had
a look at it, it seems legitimate and also the seller seems to have
100% positive feedback from his/her customers.
If you are in doubt, you can also email the seller and ask
questions.
There're still a few days before the bid finishes though so the
finishing bid may easily go over $1k.
Where about are you in Melbourne? I am in Melbourne too. Probably
betther for you to look around to check out the best price you can
get first. The few places you can go are Retra Vision, JB Hifi,
Myer, Harvey Norman etc. If you want to know more about different
things in Melbourne, please do not hesitate to pm me.
Anyway, good luck and enjoy your stay in Melbourne! 
