How much does a 5.00ct+ I VVS2 lab grown oval diamond cost?

As of September 2026, 5.00ct+ I VVS2 lab grown oval diamonds typically cost $1,691 AUD to $20,732 AUD, with a median price of $5,772 AUD. There are currently 48 diamonds matching this specification available across retailers.

Where can I find the best price on a I VVS2 oval diamond?

Compare prices across retailers on Carat Hunter to see all your options.

5.00ct+ I VVS2 Lab Grown Oval

Quick answer

As of September 2026, there are 48 lab grown oval diamonds with I colour and VVS2 clarity in the 5.00ct+ range available across retailers worldwide. Prices typically run $1,691 AUD to $20,732 AUD, with a median of $5,772 AUD. At least 20 retailers stock this exact specification. Half of all listings fall between $449 AUD and $1,356 AUD per carat. The same specification in natural form lists at a median of about $44,794 AUD per carat.

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

Caratlytics Diamond Price Index, August 2026: natural diamonds at 2,184 USD per carat and lab-grown at 464 USD per carat, a natural to lab ratio of 4.7 to 1. Oval lab grown stones in the index: 487 USD per carat, -11.2% month on month. See the full index release

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

Last updated: September 2026

Available

Lowest Price

$1,082 AUD

Highest Price

$37,635 AUD

Average Price

$8,605 AUD

Market Intelligence

Retailers Selling

Price Spread

119.0%

Price Range

Price per carat distribution across retailers

$496/ct

10th Percentile

$243

Median

$496

90th Percentile

$1,323

Score Distribution

48 diamonds scored across 4 quality tiers

Excellent

14 (29.2%)

Very Good

10 (20.8%)

Good

3 (6.3%)

Average

21 (43.8%)

Find Your Diamond

Search 48 I VVS2 oval diamonds and compare prices.

Search Diamonds

Consider Instead

Save money without compromising on what matters. These alternatives are visually similar but cost less.

I VS1VS1 inclusions are not visible without magnification

Save 12%

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