Zac Efron has reportedly bought girlfriend Vanessa Hudgens a $50,000 housewarming gift for her new $3 million home. An insider tells Star magazine that the High School Musical star bought a Louis Vuitton steamer trunk for Hudgens because she “loves” the designer brand.

“Vanessa loves Louis Vuitton, but she wouldn’t spend the money for it. To her, it is a piece of art,” says a source.

Hudgens, 19, and Efron, 21, began dating in 2006 after meeting on the set of High School Musical. The couple recently premiered the third and final installment of the HSM series.

[Source: Transworld News]

Ashley Tisdale and Vanessa Hudgens stand side by side Zac Efron at the premiere of High School Musical 3: Senior Year at the Village Jam Factory on Wednesday in Melbourne, Australia.

Gallery link: High School Musical 3: Melbourne Madness (x016)

Ashley Tisdale (in Camilla and Marc) and Vanessa Hudgens (in BCBG Max Azria) sandwich in Zac Efron (in Arthur Galan) at the the premiere of High School Musical 3: Senior Year at the Greater Union George Street cinemas on Monday in Sydney, Australia.

Gallery link: High School Musical 3 Premieres in Australia (x020)

High School Musical stars Zac Efron, Ashley Tisdale and Vanessa Hudgens soak up the sun during a photocall at the Sydney Opera House in Sydney, Australia on Monday.

Gallery link: High School Musical Goes Down Under (x018)

Zac Efron flexes his leading man muscles on Sunday as he enjoys a water taxi harbor cruise ride with girlfriend Vanessa Hudgens, pal Ashley Tisdale and HSM3 director Kenny Ortega at Circular Quay Wharf in Sydney, Australia.

Gallery link: Zac Efron is Water Taxi Tough (x027)

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Zac Efron and main squeeze Vanessa Hudgens return from Mexico looking happy and smiling ear to ear at LAX airport in Los Angeles on Friday.

Gallery link: Zac + Vanessa + Mexico = Happiness! (x012)

Zac Efron and Vanessa Hudgens gets fans in a tizzy at a press conference in Mexico City on Thursday for their latest movie-musical High School Musical 3: Senior Year.

Gallery link: Zac & Vanessa Bring ‘High School Musical 3′ To Mexico (x014)

“High School Musical” co-stars Vanessa Hudgens and Ashley Tisdale teamed up for a girly shopping date at Treats for the Face in the San Fernando Valley on Tuesday (October 28).

Gallery link: Vanessa Hudgens and Ashley Tisdale: Shopping Mates (x008)

Zac Efron and girlfriend Vanessa Hudgens catch a departing flight from LAX airport in Los Angeles on Wednesday.

Gallery link: Zac & Vanessa Jet Off To Mexico (x0010)