How much does a 2.00 to 2.99ct I VS1 lab grown oval diamond cost?

As of October 2026, 2.00 to 2.99ct I VS1 lab grown oval diamonds typically cost $858 AUD to $4,158 AUD, with a median price of $2,092 AUD. There are currently 28 diamonds matching this specification available across retailers.

Where can I find the best price on a I VS1 oval diamond?

About 8% of these diamonds are available at multiple retailers, with an average price spread of 72%. A comparison tool like Carat Hunter lets you see all the prices side by side.

2.00 to 2.99ct I VS1 Lab Grown Oval

Quick answer

As of October 2026, there are 28 lab grown oval diamonds with I colour and VS1 clarity in the 2.00 to 2.99ct range available across retailers worldwide. Prices typically run $858 AUD to $4,158 AUD, with a median of $2,092 AUD. At least 38 retailers stock this exact specification, and 8% of the stones appear at more than one of them, with an average price spread of 72%. Half of all listings fall between $512 AUD and $969 AUD per carat. The same specification in natural form lists at a median of about $14,028 AUD per carat. Over the last 30 days the median price moved +26.6% and the number of listings moved +3.9%.

Three of the best scored stones at this specification right now:

Caratlytics Diamond Price Index, September 2026: natural diamonds at 2,335 USD per carat and lab-grown at 443 USD per carat, a natural to lab ratio of 5.3 to 1. Oval lab grown stones in the index: 453 USD per carat, -7.4% month on month. See the full index release

Figures come from current listings across more than 100 retailers and refresh daily. The index is a monthly release.

Last updated: October 2026

Available

Lowest Price

$463 AUD

Highest Price

$6,975 AUD

Average Price

$2,371 AUD

Market Intelligence

Retailers Selling

Cross Retailer %

8.1%

Price Spread

71.7%

30-Day Price Trend

+26.6%

30-Day Supply Change

+3.9%

Volatility (30d)

0.11

Price Range

Price per carat distribution across retailers

$448/ct

10th Percentile

$323

Median

$448

90th Percentile

$1,066

Score Distribution

45 diamonds scored across 4 quality tiers

Excellent

4 (8.9%)

Very Good

8 (17.8%)

Good

12 (26.7%)

Average

21 (46.7%)

Find Your Diamond

Search 28 I VS1 oval diamonds and compare prices.

Search Diamonds

Related Specifications

D IF D VVS1 D VVS2 D VS1 D VS2 D SI1 E IF E VVS1 E VVS2 E VS1 E VS2 E SI1 F IF F VVS1 F VVS2 F VS1 F VS2 F SI1 G IF G VVS1 G VVS2 G VS1 G VS2 G SI1 H IF H VVS1 H VVS2 H VS1 H VS2 H SI1 I IF I VVS1 I VVS2 I VS1 I VS2 I SI1