$200 is a fair price for a relatively inexpensive Aussie saddle. Yours has a more western-style stirrup and the blue bottom which tells me it is not an expensive Aussie-made version. Genuine, good quality Aussie saddles made in Australia out of butter soft leather will set you back at least 10 times that much.
If the saddle fits your horse, is comfortable for you, and the tree is good, it's a good saddle, regardless of the maker or the cost. Look after it and you should enjoy many miles of comfortable riding.