GM Special Vehicles has announced Australian pricing for the 635hp 2024 Corvette Z06, revealing the high-output flagship supercar will set buyers back $336,000 before on-road costs.

By the time the first cars leave the dealership at the end of this year, expect the drive-away price to be in the ballpark of $350,000 to $400,000.

The Z06 will only be sold here in top-dog 3LZ form, which features a carbon fibre-accented steering wheel and shift paddles, leather-trimmed door panels and cluster surround, and GT2-style Nappa leather bucket seats.

A ‘Z07’ performance pack will be optional, adding carbon fibre wheels by Geelong’s Carbon Revolution alongside stickier rubber, bigger ceramic brakes, suspension tweaks, a carbon fibre, aero kit and more.

In comparison to the Z06, a 2024 Corvette Stingray 3LT convertible – currently the highest-spec ‘Vette available here – now starts at $205,000, meaning there’ll be a jump of over $130,000 to the Z06. It’ll also be the most expensive GM vehicle ever sold in Australia.

Aussie Z06s will run the export-spec exhaust system, which features more traditional pipes rather than the US version’s centre-exit design, alongside a petrol particulate filter (PPF). Developed to meet European noise and emissions standards, it will cut the mighty LT6 5.5-litre, flat-plane crank V8’s output from 670hp (499kW) to 635hp (474kW).

It falls just short of the Camaro ZL1’s 635hp (477kW) peak, so that car remains the most powerful GM car to hit our shores, at least until the all-wheel-drive hybrid E-Ray arrives – which boasts a total 645hp (481kW) between the LT2 V8 and electric front axle motor.

The Stingray has been given a few upgrades for 2024 too, notably in the safety department. Forward collision alert, low-speed autonomous emergency braking, lane departure warning have been added, plus a new wing and fresh colour and wheel options. Pricing for an entry-level 2LT coupe has also climbed to $175,000 before on-roads.

We don’t yet know how many Z06s we’ll be allocated, though GMSV has said “availability will be very controlled.” Cars are tipped to start landing in the tail end of this year.