$84,900 starting price for new CLA45 rival
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Update - The original version of this article said Audi magnetic ride is standard equipment, and the RS performance package at $7300. Audi Australia has since confirmed the provided information is incorrect. See article for details

Local pricing and specifications for the 2017 Audi RS3 sedan have been released this week, with the new five-pot sports sedan kicking off from $84,900 before on-road costs.

Arriving ahead of the hatchback-bodied RS3 Sportback, which Audi says will land "later in the year", the RS3 sedan is the first time the smallest RS model has been offered in three-box form.

Under the bonnet is a newly-developed version of the company's 2.5-litre turbocharged five-cylinder engine, which we've already seen in the TT RS, developing 294kW of power and 480Nm of torque - up 24kW and 15Nm over the pre-facelift RS3 Sportback.

Drive is sent to all four wheels via Audi's quattro permanent all-wheel drive system and a seven-speed S tronic dual-clutch transmission.

Performance wise, the new RS3 can sprint from 0-100km/h in 4.1 seconds, 0.2 seconds quicker than the pre-facelift model, while claiming a fuel consumption rating of 8.4L/100km on the combined cycle.

Standard equipment includes RS sport suspension, an RS sports exhaust system, LED headlights, 12.3-inch Audi Virtual Cockpit driver's display, 19-inch alloy wheels wrapped in 235/35 tyres, MMI Navigation Plus with MMI Touch controller and 10GB hard drive, and Audi Connect with WiFi hotspot.

Other features include a 180W 10-speaker Audi sound system, DAB+ digital radio, tyre pressure monitoring, and an array of driver assistance systems like side assist, active lane assist, and rear cross traffic assist.

In typical Audi fashion, there's still a number of cost options for the RS3 sedan, including the RS performance package ($5900) - which includes a special Audi Sport 'rotor' alloy wheel design, carbon-fibre inlays for the cabin, Audi magnetic ride adaptive dampers, and a 705W 14-speaker Bang & Olufsen sound system.

The Audi RS3 sedan is available to order now.

2017 Audi RS3 pricing (plus on-road costs)