For a plane most brand name ARF trainers are all about the same.
engines TT42 or 46 for good value, OS46FX if you have the money, GMS47 great power for the $$.
Radio if you want computer with 6 or more chanels HiTec Eclipse7, Futaba 6EXA or JR 378
fuel 10% nitro 20% oil, CA and epoxy glue, glow clip and battery or power panel, chicken stick and or starter, fuel tube, rubber bands, props, spinner.
So will the odds on learning to fly on my own cost more than $200
in repairs and spare planes??
probably, also if it's like Aus most of that is probably insurance which is a good idea wherever you fly.