Okay, it’s official! Miley and Liam ARE engaged – and ‘beyond happy’

Earlier this week we reported that Miley Cyrus and Liam Hemsworth were re-igniting their relationship, after being pictured together on various occasions in Australia and LA.

Miley was not only spotted with a moving van (containing her possessions and FOUR dogs) outside of Liam's Malibu home, but she's also been taking selfies while wearing her old engagement ring.

And today a source confirmed the (re-)engagement news to PEOPLE magazine, saying the reunion has been coming for a while.

"Miley is beyond happy to be engaged to Liam again," the insider revealed.

"It might seem sudden, but they have been very close for the past few months. They just wanted to keep their relationship out of the spotlight while they figured things out

"Liam never liked how exposed his life was with Miley."

As well as snapping photos of herself while wearing the Neil Lane ring that Liam proposed with back in 2012, Miley's also apparently making efforts to tone down her wild child ways for her fiancé.

The singer is "making changes for their relationship to work," says the source, adding that the pair "both seem much more mature."

During their three years apart, Miley spent some time dating model Stella Maxwell, while Liam was just recently linked to his Hunger Games co-star Jennifer Lawrence.

We can't wait to see what kind of wedding these two have planned.