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That’s my wife! Miranda Kerr shows off incredible figure in a daring baby blue gown as her husband Evan Spiegel proudly watches her pose on the red carpet at the Vanity Fair Oscar Party

Miranda Kerr stole the show at the Vanity Fair Oscar party in Los Angeles on Sunday.

The former Victoria’s Secret Angel floated onto the red carpet in a breathtaking baby blue gown.

The 39-year-old supermodel showed off her cleavage and slender waist in the daring cut-out dress.

The Kora Organics founder posed up a storm as her husband, Snapchat billionaire Evan Spiegel, proudly watched on. 

Miranda pulled her hair back into a chic chignon with a side part to reveal a pair of exquisite diamond chandelier earrings. 

Miranda Kerr stole the show at the Vanity Fair Oscar party in Los Angeles on Sunday alongside her husband Evan Spiegel

Miranda Kerr stole the show at the Vanity Fair Oscar party in Los Angeles on Sunday alongside her husband Evan Spiegel

The supermodel posed up a storm as her husband, Snapchat billionaire Evan Spiegel, proudly watched on

The supermodel posed up a storm as her husband, Snapchat billionaire Evan Spiegel, proudly watched on

The beauty entrepreneur’s look was completed by a pink-themed makeup palette – a rosy cheeky, pastel eyeshadow and a nude lip. 

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Meanwhile Evan was incredibly dapper in a black tuxedo as happy couple cuddled up for photos. 

Miranda’s appearance at the star-studded even comes as she is looking to expand her real estate portfolio back home.

The Los Angeles-based star is said to be on the hunt for a ‘luxury trophy home’ according to real estate insiders on the Gold Coast who say Kerr’s father is busy inspecting mansions on his daughter’s behalf.

The former Victoria's Secret Angel floated onto the red carpet in a breathtaking baby blue gown

The former Victoria’s Secret Angel floated onto the red carpet in a breathtaking baby blue gown 

Miranda's gown had a nude underlay which made the beautiful colour of the dress pop

Miranda's gown had a nude underlay which made the beautiful colour of the dress pop

Miranda’s gown had a nude underlay which made the beautiful colour of the dress pop 

Miranda’s parents John and Therese Kerr are currently based in Brisbane.

However it’s understood John has been inspecting the Gold Coast luxury market in recent weeks and has taken a particular interest in a number of acreage estates located in the Gold Coast hinterland.

‘We believe John has been looking at homes for Miranda and her family to potentially purchase, either as a base in Australia or as a holiday retreat,’ a luxury listing agent, who specialises in high-end rural acreage, told Daily Mail Australia. 

‘He has been shown through a number of the bigger, more spectacular homes in the past few weeks but as of yet no purchase has been made that we’re aware of.’

Both Miranda and her father have been contacted for comment.

Miranda and her husband Evan, along with their kids Myles and Hart Spiegel and Flynn Bloom, currently reside in Los Angeles full time but also keep a vineyard estate in the Australian Hunter Valley which they bought for $7.5million in 2020.

Miranda's famous smile lit up the event as she arrived in her frothy gown

Miranda’s famous smile lit up the event as she arrived in her frothy gown 

The back of Miranda's dress was equally stunning as the front as she twirled and turned to show it off

The back of Miranda's dress was equally stunning as the front as she twirled and turned to show it off

The back of Miranda’s dress was equally stunning as the front as she twirled and turned to show it off 

The cashed-up couple also own a $50million villa in Paris and a seaside vacation home in Malibu, and forked out one of the highest figures ever for a new Los Angeles compound in 2022 when they settled on a $145million property in swanky Holmsby Hills.

A new home on the Gold Coast would cap something of a major real estate splurge for the pair who have been frequent visitors to Australia in recent months.

Miranda is set to return later this month when she appears as a guest speaker at the Forbes Australia Women’s Summit, ‘The Power of Now’, taking place on March 22 at the International Convention Centre inSydney.

The beauty entrepreneur's look was completed by a pink-themed makeup palette - a rosy cheeky, pastel eyeshadow and a nude lip

The beauty entrepreneur’s look was completed by a pink-themed makeup palette – a rosy cheeky, pastel eyeshadow and a nude lip

Miranda prepped her gorgeous skin with products from her Kora Organics skincare line

Miranda prepped her gorgeous skin with products from her Kora Organics skincare line

Miranda prepped her gorgeous skin with products from her Kora Organics skincare line 

Should she dip her toe into the Gold Coast she would be in some famous company with a number of high-profile identities buying up in recent months.

Buddy and Jesinta Franklin most famously snapped up the iconic trophy home Villa Casa for $9million in late 2022. 

Former radio host Alan Jones also dropped $12.25m recently on a Southport estate from automative millionaires Brett and Rebecca Frizelle while Sydney booze mogul Ross Jurisich – of Stone & Wood Brewing Company fame – paid $21.5m for a Mermaid Beach mansion.

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Ex-Storm star and Kangaroos captain Cameron Smith and former soapie actress Holly Brisley have also recently relocated there. 

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