I would split the money 50/50 on a good used cartridge and a used phono preamp. If you do your research you should be able to land some decent gear.
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This is superb phono stage for MM cartridges, also nice for LOMC.
shipping included in the price:
AUD 1490 = USD 1070 for the latest mk5, i think it's great price
I have previous version without that special PSU, the price for presious version is about $750 (my version is modified by the manufacturer to use higher loading for MM, i normally use 100k Ohm for MM)