It’s tax time, and maybe you got a pretty good tax return! So, why not treat yourself with a really nice watch? Here are a few of such timepieces, all under or at AU$5,000.

The End of Financial Year has come and gone for us Aussies and Ney Zealanders. If you happen to be reading from Kenya, Pakistan, or Bangladesh, the same may be said for you! But with EOFY, comes one of the two inevitable realities of life: taxes.

Tax Time is dreaded by many as a laborious, time-consuming project, but we at Watch Advice are here to lighten the mood. Because once you file your taxes – by yourself or otherwise – you’ll probably be set for a neat little tax return! And if that tax return is looking particularly good, you might want to grab a watch for yourself to celebrate!

This is the final instalment of our Tax Time series for 2026. In the last two issues, we covered six classic choices and indie picks under AU$1,000 and under AU$3,000 respectively. Now, we’re set to give you some of the best selections for under AU$5,000, just in case your tax return was looking really good this year!

Dress

Classic Choice: Longines Conquest Heritage

Given how much I personally love the brand, Longines was always going to end up on this Tax Time guide one way or another. Yet, I had a difficult choice on my hands. While I do love the new series of Longines Master watches, I couldn’t pass up one of my favourite dress watches: the Conquest Heritage, a piece that perfectly encapsulates old-world style.

Sitting right on the money at AU$5,000 (at the time of writing), this 38mm Longines Conquest Heritage three-hand model refreshes and remasters the lines of the original Conquest references from 1954. While the modern Conquest line leans into the sportier side of the collection, the Conquest Heritage instead accentuates its more formal design cues. From the sharp, angular indexes and Dauphine hands to the box sapphire crystal, it harks back to the golden age of watchmaking, when refinement in both aesthetics and mechanics was the highest priority of all.

Reference: L1.649.4.62.2

Price: AU$5,000

For more information: Longines.com

Indie Pick: Grøne Oldenzaal Horologium

I had a completely different dress watch in mind for this buying guide, but when the news broke about this brand, I just couldn’t resist. These are the latest releases from Dutch brand Grøne Oldenzaal, the Horologium Quirky and Horologium Classic. Grøne is an interesting case, serving as a more accessible offshoot of the Grönefeld brand, with both companies overseen by the eponymous Grönefeld brothers.

Fitted with a manual-wind La Joux-Perret movement, the 39mm Grøne Horologium comes in two distinct styles, each reflecting the brothers’ personalities. Bart, the more boisterous of the two, presents the Quirky with a high-contrast dial featuring baby blue against a Dutch orange backdrop. Tim, on the other hand, pares things back with the Classic: blued hands, silver accents, and an elegant salmon dial. Either way, both models deliver exceptional watchmaking at a relatively accessible price point while preserving the philosophies of classical horology.


Reference: Grøne Oldenzaal Horologium Quirky / Classic

Price: €2,390 (~$4,000)

For more information: Grone.com

Dive

Classic Choice: TAG Heuer Aqauracer Professional 200 Solargraph

Dive watches, at their core, are built to be utilitarian. But what happens when you mix utility with a bit of pizzazz? Well, you’d probably get this 40mm TAG Heuer Aquaracer Professional 200 Solargraph.

Released in the middle of 2026, this reference is just one of the many Solargraph models the brand has to offer. It’s a finely finished watch, combining the lines and finishing of a luxury sports piece with the robustness and practicality of a classic diver. Case in point is the sculpted bezel, which transforms the unidirectional diving bezel into a statement feature in its own right.

The watch’s flashier elements are further underscored by its extremely capable movement. The Calibre TH50-00 is one of the more impressive solar quartz movements on the market. Powered by any form of light, it can build up to eight months of power reserve on a full charge, while the battery itself is designed to last around 15 years before needing replacement. So, if you’re looking for a luxury watch that also serves as the perfect grab-and-go option, you might want to start here.

Reference: WBP1118.BA0047

Price: AU$4,650

For more information: TAGHeuer.com

Indie Pick: Sinn U50 SDR Tegiment

While Sinn isn’t one of the most obscure independent brands out there, just because it’s close to the mainstream doesn’t mean it’s any less impressive. And for the Frankfurt-based brand, ‘impressive’ also means ‘excessively overengineered’ in the best possible way. Look no further than this dive watch offering: the 41mm U50 SDR Tegiment. The spec sheet starts strong enough, with 500m of water resistance and a reliable Sellita SW300-1 automatic movement.

But you might be curious about that unusually dark case and bracelet material. Your curiosity would be justified, as Sinn hasn’t made the watch from conventional stainless steel, but instead from the same steel used for German submarines. This gives the watch exceptional anti-magnetic properties, strength, and resistance to saltwater corrosion.

Furthermore, the ‘Tegiment’ designation makes the watch even tougher: 1,200 Vickers, to be exact, or around six to eight times harder than standard stainless steel. I’ve heard stories of Tegiment-treated watches being worn for years without ever picking up a scratch, so if you want that kind of robustness from your dive watch, it’s hard to go past the Germans.


Reference: 1050.050

Price: €2,730 (~AU$4,500)

For more information: Sinn.De

Sport

Classic Choice: Tudor Royal 36

For anyone who read the Watches and Wonders article I put out on the Tudor Royal, you’ll know how excited I was to finally see it refined. As the brand leaned further into flagship models like the Black Bay and Pelagos, the case for the Tudor Royal became increasingly difficult to justify. That is, until Tudor unveiled 23 new models that completely revitalised the collection.

And what’s not to like? Three sizes, a myriad of colours and dial layouts, 100m of water resistance, on-the-fly micro-adjustability… The only thing that’s missing is a COSC-certified movement. Oh wait, it has that too! All in all, the Tudor Royal has become a darling of the integrated bracelet sports watch scene from a source that may not have been entirely expected, but the result is absolutely spectacular.

Reference: M2836C1A0-0103

Price: AU$4,830

For more information: TudorWatch.com

Indie Pick: Straum Jan Mayen Frozen Metal Titanium

So, if you were looking for an indie pick that could even step up to such a challenge, where would you start? You might be surprised. There are plenty of microbrands and independent watchmakers that can give the mainstream a run for its money, and not all of them come from the traditional horological meccas. In fact, this remarkable nature-inspired brand comes from none of them, instead originating all the way from Norway.

Straum’s Jan Mayen Frozen Metal Titanium serves as both a tribute to one of the nation’s remarkable landscapes and a fresh take on the integrated bracelet watch scene. Sized to 38.7mm in a full titanium case, the deep grey bead-blasted finish helps highlight the beauty of its reverse fumé dial. A frosted white galvanic finish serves as the backdrop for bright blue PVD indexes and hands, while the capable La Joux-Perret Calibre G101 bolsters its timekeeping capabilities.

Fitted with both an interchangeable bracelet system and micro-adjustability, it’s a highly compelling offering from an equally unexpected horological origin.


Reference: WATCH-JANMAYEN-CPL-02-TI5-FROZEN-39-BRACELET-TI5-MAQR

Price: €2,260 (~AU$3,700)

For more information: Straum.co

Subscribe to WatchAdvice Newsletter

Our biggest stories, delivered to your inbox every day.