Melbourne, Nov 3 Australia's budgie smuggler fans are set enter the Guinness Book of World Records with the world's largest swimwear parade to be held in Sydney.

The parade will kick off from Sydney's financial district, Martin Place and end at to Circular Quay.

The Australian Indigenous Mentoring Experience (AIME) charity expects up to 1000 Sydneysiders clad in budgie smugglers and bikinis to take part in 'Strut the Streets' parade.

The charity aims to help increase the number of young indigenous Australians participating in university education through mentoring programs.

"I thought doing it in the CBD would be a bit more on the larrikinish side and in touch with our cultural identity rather than a parade down a catwalk or at the beach," News.com.au quoted AIME finance director Adam Linforth as saying.

The current world record for a single swimwear parade stands at 281 participants and was set in Las Vegas, organised by Hugh Hefner's girlfriend Holly Madison. (ANI)