I sold a working phone to a buyer. Two weeks later he wants a refund. What are my obligations?

I sold the phone in full working condition (It was my daily driver).

 

Two weeks after receiving the phone the buyer messages me about software issues and would like a refund.

 

The funds already cleared my paypal account and I withdrew them. I had 'no refund' listed on my listing.

 

What are my obligations to the seller? I live in Australia and am not a business.

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