$4.99 ALDI wine wins major prize at international wine show

But the budget German supermarket's real winner was copping a Double Gold award for a bargain bin wine.

The top-notch drop will set Aussies back a mere a $4.99 (£2.87) at the budget-friendly store.

But that wasn't the only prize that the cheap grocery store took home on the day.

ALDI also picked up three Double Gold, four Gold, seven Silver and 11 Bronze awards for its affordable wine range - including the $4.99 South Point Estate Sparkling Chardonnay Pinot Noir, which scored a Double Gold.

“We are thrilled that our award-winning wines have been recognised yet again among the highest quality drops available in Australia,” ALDI wine buying director Jason Bowyer says of the range's international success.

"The reality is everyone can have a wine rack full of award winning, quality crisp whites, floral rosés or lighter, refreshing reds, which are perfect springtime drops."

Regardless of what you prefer though, I think we can all agree that our unmatched value across the range tastes better than anything else."

And let's be honest, it's hard to beat a crisp Pinot that sets you back less than a fiver.

So cheers to an affordable bottle of plonk or two, we reckon.

The awards were judged by buyers, sommeliers and international distributors in Australia across 50 categories.

More than 1,000 submissions are received from vintners from seven countries.

So, if you're wanting to dabble in quality vino without losing an eye-watering sum at hip pocket, here's the full list of local and international wines that will make your tastebuds sing and your wallet rejoice.