A brand new $35 Kmart item has fans going crazy, and it's not even out yet.

Guys, Kmart have done it again.

The saviour of bargain hunters and stingy home decor lovers alike has literally broken the internet with a shoe rack that’s not even out yet.

It’s grey. It’s ‘Scandi’ (Scandinavian style, for those not in the know). It looks expensive. But most importantly, you’ll get change for a $50 note. It only costs $35.

And thanks to the combined power of the lucky Kmart addicts who were invited to attend the retail giant’s preview showing for their new range, it’s no longer a secret.

“WOW. Just wow!” The Kmart Lover captioned her snap while very helpfully pointing out one could secure this bedroom set up for under $200.

WOW. Just wow! Get this whole room for under $200 ???????? how nice is the new Scandi Shoe Rack at just $35 . . All items coming in the new Inspired Living range. Catalogue starts on the 3rd August

A post shared by • C L A I R E • (@thekmartlover) on Jul 26, 2017 at 2:32am PDT

Kmart Grapevine also shared the shoe rack with her 50,000 followers, predicting it will walk out the door.

Ummm you guys…this shoe rack/bench is stunning! Launching with the new catalogue. This one will walk out the ???? ???????? #kmart #kmartstyling #kmartaus #bedroomstyling #bedroom #bedroomstyle #interior123 #interiordesign #interiorstyling

A post shared by Pip (@kmartgrapevine) on Jul 26, 2017 at 1:36am PDT

This rack, along with a number of new home decor additions, is expected to drop online and in a Kmart store near you on Thursday, August 3.

So if you’re keen, clear Thursday afternoon’s schedule because you can be damn sure people will be lining up for this baby.

Be honest – how many items of Kmart decor do you have in your home?