Straight away that brings to mind the question of what happens in the second year, will they jack it up to the 5k mark?
I'd be making sure it's not a 12 month deal. Look at NRMA's 2 year fixed price promo for example. You may be happy with the price this year but then when it's doubled next year they've got you in a position you don't want to be in, even worse if it's on finance because it has to stay insured.
Good luck with it.
Edit: Vic police are shockers, I was down there in 2002 with a mate for a weekend and we copped a defect for the weight rating on each tyre. Pricks. The tyres were rated for 2.1 tonne instead of 2.5 tonne and the car weighed 1.4 tonne so where's the danger...