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Quick Answer
If your current GPU handles your games acceptably, waiting for RTX 5000 is reasonable. The RTX 5070 is rumored to match or exceed RTX 4080 performance at the RTX 4070 price point. If your current GPU is struggling, buy the RTX 4070 now rather than suffering for months.
There is always something better coming. RTX 5000 will be followed by RTX 6000, which will be followed by RTX 7000. At some point, you need to buy hardware and enjoy it. The RTX 4070 and 4080 are excellent GPUs that deliver great gaming today.
Our Verdict
If your current GPU works fine, wait for RTX 5000. If you are struggling or building new, the RTX 4070 and 4080 are excellent purchases today at mature pricing. Do not wait if it means months of poor gaming.
The best 1440p GPU under $800 AUD is the RX 7800 XT at around $620 AUD. It delivers outstanding 1440p performance with 16GB VRAM for future-proofing. The RTX 4070 at $750 AUD is the alternative if you value DLSS 3 and ray tracing.
Yes, upgrading from the RTX 3060 Ti to the RTX 4070 is worth it. The RTX 4070 is 45-55% faster in rasterization and adds DLSS 3 Frame Generation. At a net cost of ~$470 AUD after selling your 3060 Ti, this is a meaningful generation-over-generation upgrade.
The RTX 4070 Super is 10-15% faster than the RTX 4070. If buying new, the Super is the better buy for $100 AUD more. If you already own the RTX 4070, the 15% gain is not worth the upgrade cost. Wait for the RTX 5070 instead.