New TV: What features should I be looking for?

[Engage]

Hi all, this is the first time I'm buying a TV in 10 years so I'm lost on what I should be looking for. I've already got a WD Media Player to stream files. Which brands are good? I'm from Australia if that matters.

My uses:

-Bedroom TV. I need something to watch when I'm falling asleep.

-I need a TV with a headphone 3.5mm because I'll be using headphones for almost all of my usage. How can I check if the TV has a good headphone jack? My iPod Touch has great sound when I use headphones. Would any TV match the iPod Touch or do I need to look for a high-end TV?

-Watching downloaded movies which are of a low quality: I guess slightly below 480p or so? I have some 1080p movies, but 80% of what I watch will be below 480p.

-Not planning on gaming.

-I was thinking of something around a 32-40inch screen as I want to be about 7-10ft away from it.

Thanks!