The Kmart Christmas gift every kid wants is selling out- fast!

A Kmart giant reindeer looks set to be on the top of a lot of Christmas present lists this year as kids go nuts for it!

But it is currently sold out on-line with parents clamouring to get their hands on the big, white cuddly toy. 

Posting to the group Kmart Mums Australia one mum posted a photo of reindeer and more than 3,000 people like her photos. 

Although the giant reindeer isn't a sit-on toy, it is 31 inches high (78cm) and so would make a perfect Christmas decoration or gift from Santa - maybe he can get his hands on it instead...