Margot Robbie flaunts her toned legs in embellished lingerie during a breathtaking Vogue Australia fashion shoot.

She has been rocking an array of Barbie-core outfits to promote new movie about the iconic Mattel doll.

But Margot Robbie has switched things up for her latest fashion shoot for Vogue Australia.

Sporting just a hint of pink, the Aussie actress, 33, shows off her toned legs and abs in a pair of bejewelled underpants teamed with a cropped sheer tank top, stockings and designer heels.

Meanwhile for the Vogue cover, the blonde bombshell looks spectacular in a Balenciaga top, skirt and boots, accessorised with Bulgari earrings.

Along with the photo shoot, Margot speaks about her new film and its global hype with Barbie director, Greta Gerwig, admitting she has never experienced anything like it.

Margot Robbie shows off her toned legs in bejewelled lingerie in a stunning fashion shoot for Vogue Australia

Meanwhile for the Vogue cover, the blonde bombshell looks spectacular in a Balenciaga top, skirt and boots, accessorised with Bulgari earrings

‘This feels different. Comic book films, there’s definitely hype,’ Margot said, referring to her role as Harley Quinn in Suicide Squad.

‘But there’s something about Barbie that is a version of hype that I have not experienced before.

‘It’s like everyone had this thing inside them that’s just bursting to get out and now they have the permission to let it all out and they’re exploding with it! It’s crazy.’

Margot is currently on a world tour to promote Barbie, including through America, Oceania and East Asia.

Along with the photo shoot, Margot speaks about her new film and its global hype with Barbie director, Greta Gerwig, admitting she has never experienced anything like it

This is the fourth time Margot has been on the cover of Australian Vogue with editor-in-chief Christine Centenera calling it a ‘clear choice’.

‘Not only to illuminate Barbie and her epic performance in the title role, but to celebrate her achievements beyond her career in front of the camera,’ she said.

Margot has had three covers since her first in 2015.

‘I continue to marvel at her talent, dominance and confidence, and the ease with which she seems to hold it all. She’s an inspiring authority,’ she said.