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Is this priced where a used Lyr 3 should be, or is it asking a premium for no real upside? At A$635, it sits just above the A$618 median and a touch over the A$626 75th percentile, so this is a mildly ambitious ask rather than a bargain.
The reason it still deserves attention is that the Lyr 3 is a respected hybrid headphone amp with real drive, a lively presentation, and the kind of tube-rolling flexibility that keeps it interesting long term. If the unit is clean, fully working, and includes the original tube and power supply, it can still be a worthwhile buy for someone who wants a strong all-rounder; I’d just look for a bit of room to negotiate rather than paying full ask.
Independent perspective — not a price guarantee. Always verify condition, accessories and provenance before purchase.
Schiit Audio: Brand Overview
Schiit Audio is an American audio company founded in June 2010 by Jason Stoddard and Mike Moffat, two veteran engineers with deep roots in the high-fidelity industry. Based in California with manufacturing operations in Texas, the company emerged from a shared vision between its founders—who had reconnected after years in separate audio ventures—to democratize desktop hi-fi. The name itself, deliberately provocative, reflects Stoddard's irreverent approach to a traditionally buttoned-up market, born from his wife's exasperated suggestion during late-night garage sessions.
The company specializes in personal audio components, with a product portfolio spanning digital-to-analog converters (DACs), headphone amplifiers, preamplifiers, and integrated amplifier-DAC combinations. Schiit's first product, the Asgard headphone amplifier, launched in 2010, followed by the Bifrost DAC in 2011. The lineup ranges from entry-level pieces starting around $99 to premium offerings exceeding $2,000, with the company positioning itself as a leader in direct-to-consumer audio sales.
Schiit occupies a distinctive position as an accessible yet credible player in the audiophile market. Rather than pursuing ultra-premium positioning, the company has built its reputation on delivering genuine sonic performance at consumer-friendly prices—a philosophy its founders describe as trying to "out-cheap" each other. This strategy has resonated strongly; the company has grown substantially since inception, operating from a dedicated 15,000-square-foot facility and maintaining a reputation for transparency, quality engineering, and genuine engagement with the audio enthusiast community.
See all Schiit Audio listings on RADAR.
![[Mint] Schiit Midgard Balanced Headphone Amplifier](https://i.ebayimg.com/images/g/q1AAAeSwmuxqriII/s-l225.jpg)
