Diamond Engagement Rings.

The average Engagement ring in Sydney in 2022 starts from $5,297.50 AUD.

While you can’t help wanting to compete with the massive sparklers on social media and celebrity engagements, the average Australian in Sydney is spending in the region of $5,297.50 AUD and over for the perfect engagement ring. Research is the key to finding a ring within budget with Sydneysiders putting time and effort in to gain an understanding of the budget considerations on the journey to finding the one ring to rule them all. An interesting find is that the amount spent on an engagement ring increases with the amount of research a seeker does into understanding the considerations such as the 4 Cs of Buying Diamonds and Different Types of Engagement Ring Settings, that are needed to ensure their hard-earned cash is well spent. Whilst those wanting to spend a little more with a larger budget can appreciate varying factors such as; the difference between unique diamond shapes, diamond cutting styles and diamond cut and finding the perfect Match of Precious Metals For Their Gemstones that may demand a higher budget.

An estimate of the average cost of a diamond ring in Australia for 2022 is $5506. This is estimated using the average cost of engagement rings in 2019 of $5297.50 (DiamondPort survey) and the average cost of diamond rings in 2020 at $5367, with an overall $69.50 increase per year.  

 At Monty Adams, we believe that the true value of an engagement ring is what it represents, although during the selection process it is important to ensure budget is considered before entering the buying process. 

A budget narrows down the spectrum of possibilities and ensures you are shown and guided towards rings, gemstones and diamonds that are affordable for you, making the process simpler, personable and fun. 

The price of your engagement ring will vary greatly dependant on design, diamond or gemstone choice and metal selection. Ultimately, you create the budget and then you are guided to what suits your budget and personal circumstances, whilst taking into consideration you and your partners preferences. 

Monty Adams offers a truly customised, personal service that provides choice and guidance throughout all the selection and buying process, offering a variety of rings to match varied budgets and circumstances. We also offer flexible payment options, including ZIP and Afterpay. 

We offer a Lifetime Workmanship Guarantee. We will fix any problems with the item that occur due to manufacturing fault. (Excludes wear and tear).*

We are a national business, proudly servicing clients across Australia from the tip of the Northern Territory to the hills of Tasmania. We have a physical presence on the East coast in Sydney and Southern Queensland. In areas without access to physically meet one of our friendly concierges we are well equipped to offer consultation over a virtual meeting or via a simple phone call. In these strange times where contact free is the new normal we actively encourage our customers and our staff to maintain the highest level of regard for personal safety, and are encouraged by the growth in our customers adopting video consultations as their preferred contact method!

For women, the average ring size in Australia in N or O. For Men, the average ring size in Australia is T or U. The ring size system is alphabetically based starting with size A and Ending with size ZA. The ring size in Australia includes half sizes. Australian ring sizes differ from America, Asia and parts of Europe. Always check you and your partners ring size by using a ring size guide or visiting a jewellers who can help. Monty Adams offers a measurement and guidance service.

The most popular and desired carat size in Australia is 1.0, 1.25 and 1.5.The best and ideal carat size varies on many factors. The best carat size for you is dependent on your budget, style and setting size. There are a large variety and range of carat sizes in Australia.  We always recommend having a budget in mind when selecting your diamond and carat size, as the carat size varies on quality and weight.  Lifestyle must also be taken into account when choosing the carat size, as larger carats may be restrictive for a more active lifestyle and could cause damage. Therefore you may choose a smaller setting or diamond depending on personal circumstances. 

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A carat size is dependant on your finger size, to ensure comfort, balance and suitability.  The smaller the finger the larger the diamond will appear, therefore you may wish to choose smaller style that compliments a smaller hand and fingers. 

We can guide you and advise you on the types of gemstones, bands and engagement rings available is a great start. With a many different factors to choose from it is important to consider what you want your engagement ring to say and what your partner desires. Several characteristics can help determine what the best option for your special someone; budget, diamond size, band style, settings and purpose. Monty Adams offers award-winning service which walks you through every step of the way from start to finish, to help design your dream piece of jewellery with your personal concierge 

Yes, research shows that Sixty-two per cent of couples go ring shopping together and often buy matching bridal sets (matching engagement ring and wedding band). An advantage of this is to ensure the two match and complement each other and you both get what you want and desire.

Absolutely, at Monty Adams, you can design your own engagement ring with your personal concierge and our award-winning engagement ring designers. We know what makes designing your engagement ring fun and special and how to personalise your engagement ring to fit your wants, style, budget and vision. Designing your engagement ring is easy with our mobile concierge private consultations. We can come to a place and time convenient to you so you can design the perfect engagement ring for your loved one. Looking for a group engagement ring session? We also provide group sessions so you and your beloved can design your engagement ring together and select the perfect ring setting, gemstones and design for that special touch. Monty Adams’ expert concierge service will help you understand the 4Cs and guide you through the engagement ring design process, advising you on budget dependant factors whilst considering your and your partner’s desires. Your personal jewellery concierge will guide you every step of the way, helping to determine the best option for your budget and style. They will meet you at a convenient time and location that you choose to discuss every little detail of your ring, which will then be handcrafted by artisan jewellers just for you.