After sitting out last year's show because she was preggers, the Aussie angel will return to the heavenly catwalk wearing the Fantasy Treasure bra valued at $2.5 million.
The blinged out bra was handset by London Jewelers with nearly 3,400 precious gems, including 142 carats of white and yellow diamonds, pearls, faceted citrines and aquamarines, all set in 18-karat white and yellow gold.
But wait! There's more.
Miranda said of being "the chosen one":
"It’s such an honor to wear the bra and it’s such a piece of artwork! It’s absolutely stunning — it kind of feels a little mermaid-like — but I can’t believe I’m wearing $2.5 million on my chest."
It sure is purdy.