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Panasonic Lumix S Pro 70-200mm f/4 O.I.S Lens
Panasonic Lumix S Pro 70-200mm f/4 O.I.S Lens
Panasonic Lumix S Pro 70-200mm f/4 O.I.S Lens
Panasonic Lumix S Pro 70-200mm f/4 O.I.S Lens
Panasonic Lumix S Pro 70-200mm f/4 O.I.S Lens
Panasonic Lumix S Pro 70-200mm f/4 O.I.S Lens
Panasonic Lumix S Pro 70-200mm f/4 O.I.S Lens

Panasonic Lumix S Pro 70-200mm f/4 O.I.S Lens

Panasonic Lumix S Pro 70-200mm f/4 O.I.S Lens

$1,240.20

(63 reviews)

It offers a constant f/4 maximum aperture, maintaining consistent illumination throughout the zoom range. One aspherical element and one ultra-high refractive index element help minimize distortions and spherical aberrations, ensuring edge-to-edge sharpness and illumination. This lens also features a dual AF system with linear stepping motors, optical image stabilizer, weather-sealed construction, and a removable, rotating tripod collar. With three ED elements and one UHR element, chromatic aberrations and color fringing are greatly reduced, producing a high degree of clarity. This lens can also be used with APS-C models, providing a 105-300mm equivalent focal length range.

It offers a constant f/4 maximum aperture, maintaining consistent illumination throughout the zoom range. One aspherical element and one ultra-high refractive index element help minimize distortions and spherical aberrations, ensuring edge-to-edge sharpness and illumination. This lens also features a dual AF system with linear stepping motors, optical image stabilizer, weather-sealed construction, and a removable, rotating tripod collar. With three ED elements and one UHR element, chromatic aberrations and color fringing are greatly reduced, producing a high degree of clarity. This lens can also be used with APS-C models, providing a 105-300mm equivalent focal length range.

(63 reviews)

It offers a constant f/4 maximum aperture, maintaining consistent illumination throughout the zoom range. One aspherical element and one ultra-high refractive index element help minimize distortions and spherical aberrations, ensuring edge-to-edge sharpness and illumination. This lens also features a dual AF system with linear stepping motors, optical image stabilizer, weather-sealed construction, and a removable, rotating tripod collar. With three ED elements and one UHR element, chromatic aberrations and color fringing are greatly reduced, producing a high degree of clarity. This lens can also be used with APS-C models, providing a 105-300mm equivalent focal length range.

It offers a constant f/4 maximum aperture, maintaining consistent illumination throughout the zoom range. One aspherical element and one ultra-high refractive index element help minimize distortions and spherical aberrations, ensuring edge-to-edge sharpness and illumination. This lens also features a dual AF system with linear stepping motors, optical image stabilizer, weather-sealed construction, and a removable, rotating tripod collar. With three ED elements and one UHR element, chromatic aberrations and color fringing are greatly reduced, producing a high degree of clarity. This lens can also be used with APS-C models, providing a 105-300mm equivalent focal length range.

$1,240.20 - $2,877.00

in 34 offers

The lowest price for Panasonic Lumix S Pro 70-200mm f/4 O.I.S Lens right now is $1,240.20 at eBay.com.au, compared across 23 retailers.

The all-time low was $1,238.76 on 8 June 2026. That's the lowest price we've ever tracked — a great time to buy.

Prices last updated 9 June 2026.

Price comparison

Price data powered by pricesAPI.io

Last updated at 09/06/2026 06:06:04

Please note: price history and price alerts are not available for some stores, including Amazon.com.au.
eBay.com.au

$1,240.20

Panasonic Lumix S Pro 70-200mm F/4 O.i.s Lens (s-r70200) Leica L Mount

Delivery $113.58

Affiliate Disclosure: We may receive a small commission for purchases made through this link at no extra cost to you. This helps support our site. Thank you!

eBay.com.au

$1,287.66

Panasonic S-r70200 Lumix S Pro 70-200mm F/4 O.i.s. Zoom Lens Black

Delivery $103.64

Affiliate Disclosure: We may receive a small commission for purchases made through this link at no extra cost to you. This helps support our site. Thank you!

eBay.com.au

$1,316.07

Panasonic Lumix S Pro 70-200mm F/4 O.i.s Lens (s-r70200) Leica L Mount

Free delivery

Affiliate Disclosure: We may receive a small commission for purchases made through this link at no extra cost to you. This helps support our site. Thank you!

eBay.com.au

$1,381.00

Panasonic Lumix S Pro 70-200mm F4 O.i.s. Zoom Lens Black Leica L-mount

Free delivery

Affiliate Disclosure: We may receive a small commission for purchases made through this link at no extra cost to you. This helps support our site. Thank you!

eBay.com.au

$1,490.69

Panasonic Lumix S Pro 70-200mm F4 O.i.s. S-r70200 Telephoto Zoom Lens

Free delivery

Affiliate Disclosure: We may receive a small commission for purchases made through this link at no extra cost to you. This helps support our site. Thank you!

eBay.com.au

$1,673.26

Panasonic LUMIX S PRO 70-200mm F4 OIS L-Mount Lens for S5 II S9 SL-3S FP S1H R +

Affiliate Disclosure: We may receive a small commission for purchases made through this link at no extra cost to you. This helps support our site. Thank you!

eBay.com.au

$2,099.00

Panasonic Lumix S Pro 70-200mm F/4 Ois Lens

Free delivery

Affiliate Disclosure: We may receive a small commission for purchases made through this link at no extra cost to you. This helps support our site. Thank you!

eBay.com.au

$2,768.24

Panasonic Lumix S PRO 70-200mm F/4 OIS Leica S-R70200

Delivery $114.05

Affiliate Disclosure: We may receive a small commission for purchases made through this link at no extra cost to you. This helps support our site. Thank you!

TechCart

$1,571.25

Panasonic Lumix S PRO 70-200mm f/4 O.I.S. (S-R70200)

7-day returns

Tristar Online

$1,659.00

Panasonic Lumix S PRO 70-200mm f/4 OIS

Free delivery between 15–23 June

Price history

Price history

Please note: price history and price alerts are not available for some stores, including Amazon.com.au.

Reviews

Amazing lens, heavy
23 June 2022Collin B.

originally posted on lensrentals.com

Rented for a few weeks and used with my S5. The lens is big and heavy, but the quality is top-notch. The sharpness is amazing, autofocus is very quick, and the stabilization works incredibly well. The build quality is great, the lens feels solid and the tripod foot results in really good balance when attached to the S5. The only real drawback is the large size and weight, but that's to be expected for this high quality of a 70-200 f2.8 lens.

Best cheap long telephoto
28 April 2021sandstone690

originally posted on ebay.com

I would not use a teleconverter on this lens unless it was a sunny day. Other than that its a fantastic lens. Not really for blurry backgrounds but you can achieve this under the right circumstance. O.I.S. and autofocus can help you out. The 70-200 f2.8 costs twice as much. If you can afford it get the 2.8, you are sacrificing some performance for the lower price of the f4. But for what it does for the price right now its hard to beat.

Excellent medium telephoto
23 April 2019RONALD

originally posted on adorama.com

I've been a Leica owner/user for many years but thought that I would give the S Pro a try for my new S1R. Boy, was I impressed with the IQ at all focal lengths, as well as its quick AF, along with the benefit of its OIS. At corresponding focal lengths, this lens is as good as my Leica SL 24-90mm zoom, while at 90mm it is even sharper than the Leica. Its long end is very sharp as well. i will be looking forward to the future release of new Panasonic S Pro lenses that I will likely purchased in place of their Leica counterparts.

Specification

Focal Length70 to 200mm
Maximum Aperturef/4
Minimum Aperturef/22
Lens MountLeica L
Format CompatibilityFull-Frame

Price comparison

Updated 3 days ago
Please note: price history and price alerts are not available for some stores, including Amazon.com.au.
eBay.com.au

$1,240.20

Panasonic Lumix S Pro 70-200mm F/4 O.i.s Lens (s-r70200) Leica L Mount

Delivery $113.58

Affiliate Disclosure: We may receive a small commission for purchases made through this link at no extra cost to you. This helps support our site. Thank you!

eBay.com.au

$1,287.66

Panasonic S-r70200 Lumix S Pro 70-200mm F/4 O.i.s. Zoom Lens Black

Delivery $103.64

Affiliate Disclosure: We may receive a small commission for purchases made through this link at no extra cost to you. This helps support our site. Thank you!

eBay.com.au

$1,316.07

Panasonic Lumix S Pro 70-200mm F/4 O.i.s Lens (s-r70200) Leica L Mount

Free delivery

Affiliate Disclosure: We may receive a small commission for purchases made through this link at no extra cost to you. This helps support our site. Thank you!

eBay.com.au

$1,381.00

Panasonic Lumix S Pro 70-200mm F4 O.i.s. Zoom Lens Black Leica L-mount

Free delivery

Affiliate Disclosure: We may receive a small commission for purchases made through this link at no extra cost to you. This helps support our site. Thank you!

eBay.com.au

$1,490.69

Panasonic Lumix S Pro 70-200mm F4 O.i.s. S-r70200 Telephoto Zoom Lens

Free delivery

Affiliate Disclosure: We may receive a small commission for purchases made through this link at no extra cost to you. This helps support our site. Thank you!

Price history

Price history

Please note: price history and price alerts are not available for some stores, including Amazon.com.au.

Reviews

Amazing lens, heavy
23 June 2022

Rented for a few weeks and used with my S5. The lens is big and heavy, but the quality is top-notch. The sharpness is amazing, autofocus is very quick, and the stabilization works incredibly well. The build quality is great, the lens feels solid and the tripod foot results in really good balance when attached to the S5. The only real drawback is the large size and weight, but that's to be expected for this high quality of a 70-200 f2.8 lens.

Collin B. originally posted on lensrentals.com
Best cheap long telephoto
28 April 2021

I would not use a teleconverter on this lens unless it was a sunny day. Other than that its a fantastic lens. Not really for blurry backgrounds but you can achieve this under the right circumstance. O.I.S. and autofocus can help you out. The 70-200 f2.8 costs twice as much. If you can afford it get the 2.8, you are sacrificing some performance for the lower price of the f4. But for what it does for the price right now its hard to beat.

sandstone690 originally posted on ebay.com
Excellent medium telephoto
23 April 2019

I've been a Leica owner/user for many years but thought that I would give the S Pro a try for my new S1R. Boy, was I impressed with the IQ at all focal lengths, as well as its quick AF, along with the benefit of its OIS. At corresponding focal lengths, this lens is as good as my Leica SL 24-90mm zoom, while at 90mm it is even sharper than the Leica. Its long end is very sharp as well. i will be looking forward to the future release of new Panasonic S Pro lenses that I will likely purchased in place of their Leica counterparts.

RONALD originally posted on adorama.com
Good Image but missing extras
18 June 2021

I like the lens, focus is quick and accurate. With that being said this lens does not have a focus limit switch like it's big brother. That is a problem when it hunts. As much as I like the focus clutch I'd rather they had put in the limit switch. That is the only reason I didn't give it 5 stars.

Scot originally posted on bhphotovideo.com
Good Zoom
31 August 2022

Purchased this zoom lens for my SL2. It is Leica approved and works smoothly, fast focus and internal zoom , which makes it more compact. Love this lens.

Gloria originally posted on bhphotovideo.com
Good fit with Leica CL; need better customer support
24 June 2019

The L mount allows for use of this lens as a 100-300 equivalent on the APS-C Leica CL. It is bulkier than the Leica 55-135 (90-200 equiv) that it replaced in my kit, but pairs well with the small CL body. I tried the gargantuan Leica SL 90-280 (135-400 equiv) on the CL. Images, OIS and focal length were great with that lens, but ergonomics and price were not in line with a camera like the CL that is made to be more affordable (sort of) and more portable than the Leica SL.The OIS on this lens works well, making it much more useful to shoot wildlife than the Leica 55-135, which lacks the effective focal length and OIS of this lens. This lens does not extend when zoomed out; the manual focus works well; and having f4 throughout the zoom range is nice. AF is quick and ... MoreThe L mount allows for use of this lens as a 100-300 equivalent on the APS-C Leica CL. It is bulkier than the Leica 55-135 (90-200 equiv) that it replaced in my kit, but pairs well with the small CL body. I tried the gargantuan Leica SL 90-280 (135-400 equiv) on the CL. Images, OIS and focal length were great with that lens, but ergonomics and price were not in line with a camera like the CL that is made to be more affordable (sort of) and more portable than the Leica SL.The OIS on this lens works well, making it much more useful to shoot wildlife than the Leica 55-135, which lacks the effective focal length and OIS of this lens. This lens does not extend when zoomed out; the manual focus works well; and having f4 throughout the zoom range is nice. AF is quick and smooth. IQ looks as good as the Leica vario that I am replacing with this lens. I think it is a good compromise on size and price if you want to do some outdoor photography with the Leica CL. It feels well made. Also, Panasonic offered a Leica-like 3 year warranty at the time that I made my purchase.I deducted one star because of the non-existent documentation of how to use this lens on the CL. I think I have figured out the OIS set up by trial and error, but there are no instructions included in the box, and neither Leica nor Panasonic customer service seemed to know for sure. Leica US tried to be helpful, but had to send my question about the OIS switch to Germany, because no information had been provided to them. The Panasonic rep, contacted by B&H, said to turn off the OIS on the lens. My tests indicate that the lens switch should be on for optimal OIS. The L mount alliance is a great idea, but using equipment across multiple platforms means that there needs to be a central repository for complete and accurate customer support.

Wayne originally posted on bhphotovideo.com
Lensrentals = chef's kiss
13 May 2022

Overall great experience with Lensrentals. They had the lens I needed, and after ordering they called me (a real live person) and helped confirm shipping address to make pickup go smoothly. Lens was in good shape and performed exactly as I needed it to. Super easy to ship back with the included tape and postage.

Ryan M. originally posted on lensrentals.com
Perfect, Must Have Lens!
9 April 2019

Fantastic lens. The packaging really doesn't matter but is excellent. As soon as the lens comes out it feels quality, very solid. Paired with the SL, wow, lightning focus, and easy switch to MF. The OIS is phenomenal. I'm a landscape and travel photographer so this lens is a very welcome addition. As I use a tripod quite a bit, the collar here is fantastic. No need to buy aftermarket. And big thanks to Panasonic/Leica team for designing a proper collar with an Arca style foot! Why doesn't anyone else do this rather than the design from the previous century? Tested the lens and it is very sharp corner to corner. Ready for hit the road!

Slavomir originally posted on adorama.com
Solid
15 July 2021

I moved from Panasonic Lumix Micro Four Thirds equipment, using the G9, to the same sized S5 camera with a full frame sensor. This 70-200mm F4 lens replaced the outstanding 200mm f2.8. It's a very solid and well made lens that oozes quality and justifies the Leica badge. The images are sharp, full of contrast and the subject separation is outstanding. It functions superbly at F4. I also use a 1.4x teleconverter with it when I am shooting Roedeer. It's not really long enough for wildlife work but I can crop the full frame images and get much better quality than Micro Four Thirds. The lens is not light but it is much easier to carry than the F2.8 version. Excellent bit of glass.

Mr. Melody originally posted on wexphotographic.com
Very sharp and great autofocus
8 June 2020

I was going to go for the f2.8 version but I couldn’t justify the price of that lens at the moment so I ended up going for the f/4 instead. It’s lighter and basically $1,000 dollars cheaper. It’s very sharp at f/4 and the autofocus is very accurate and fast. If you need a longer focal length for the L-Mount system (I’m using the S1) I would highly recommend this lens. The build quality is excellent and I’m very happy I made this purchase.

Dylan originally posted on bhphotovideo.com

Specification

Focal Length70 to 200mm
Maximum Aperturef/4
Minimum Aperturef/22
Lens MountLeica L
Format CompatibilityFull-Frame

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