Miranda Kerr to model $2.5 million Victoria's Secret bra

(CBS) Expect Miranda Kerr to be dazzling this holiday season.

The Australian model will wear the bejeweled Fantasy Treasure bra - worth $2.5 million - during the Victoria's Secret Fashion Show.

Pictures: Miranda Kerr
Pictures: Victoria's Secret Fashion Show 2010

Kerr will also wear the bra in the brand's Christmas Dreams & Fantasies catalogue, People magazine reports.

According to the magazine, the aqua push-up bra features nearly 3,400 hand-set precious gems, including 142 carats of white and yellow diamonds, pearls, faceted citrines and aquamarines, all set in 18-karat white and yellow gold.

Kerr did not walk in last year's Victoria's Secret Fashion Show, as she was pregnant at the time. She and husband Orlando Bloom welcomed their first child, a son named Flynn, in January.

"It's definitely puts everything into perspective," she told Celebrity Circuit back in May, while discussing motherhood. "I feel like the luckiest woman alive because I have a healthy child and to wake up and see his smile every morning just really makes everything worthwhile."

This year, she'll walk the runway alongside fellow Victoria's Secret Angels Adriana Lima, Alessandra Ambrosio, Doutzen Kroes, Erin Heatherton, Candice Swanepoel, Lily Aldridge and Lindsey Elligson. Kanye West and Maroon 5 are set to perform during the show.

The Victoria's Secret Fashion Show will air Nov. 29 on CBS.