As about as cheap as it will get for AU stock from a local retailer.
Yes, it is almost 3 years old and has not been refreshed since.
Yes, a refreshed model has just been announced (although the only change is a newer processor).
Yes, it is a mac.
However for this price, it is still a decent laptop that covers the essentials such as an awesome trackpad, battery life, build quality and portability.
price beat at OW for $1196.15