Um... each of the three consoles is "valued" at $1000, not the total price for the three. The total prize pool is $4,750 (the t-shirts only cost a total of $1,750).

I too am skeptical of the "value" given to those three consoles, as licensed themed skins/casings were being produced by some American company (a couple years ago, so might still be doing them), which wouldn't be more than $50. Are there any Xbox varieties that cost about AU$900? It'd have to be packed with just about every accessory they have available.