Iggy Azalea stunned attendees at the Australian GQ Man of the Year Awards by claiming she has the "best vagina in the world" during an acceptance speech.

Iggy Azalea at the GQ Man of the Year Awards

Iggy Azalea at the GQ Man of the Year Awards

The 26-year-old star picked up the Woman of the Year award at the star-studded event at the Ivy Ballroom in Sydney and after admitting she was "foolish" not to have prepared a speech, she boasted about her lady parts.

Speaking to the crowd, she said: "I didn't know everybody was going to have such hilarious speeches and I didn't prepare anything. Foolishly.

"Thank you GQ for this award. I have won a lot of awards over the last few years but this one means the absolute most to me because I can finally say I have an award-winning vagina.

"This is amazing to me, I've got the best vagina in the world. How do you say no to that ... you don't."

Ahead of the ceremony, Iggy - who was born in Sydney and brought up in Mullumbimby, New South Wales - admitted she didn't miss living Down Under.

Speaking to GQ magazine, she said: "I don't know why people get so offended as it's not my home. I don't miss Australia ... Emigrating when you're a kid is a defining moment of your life."

Other stars who were honoured at the Man of the Year bash included Chris Hemsworth, who took home the titular title and paid tribute to his wife Elsa Pataky.

He told the audience: "Thanks ... to all the great men out there that have inspired me. And thanks to my wife, and all the great women of the world who make us men truly what we are."

Jon Hamm took home the International Man of the Decade gong, and Joel Edgerton won Actor of the Year.

Winners of the 2016 GQ Men of the Year awards:

Man of the Year - Chris Hemsworth

International Man of the Decade - Jon Hamm

Woman of the Year - Iggy Azalea

Actor of the Year - Joel Edgerton

Man of Style - Justin O'Shea

Acting Legend - Richard Roxburgh

Entrepreneurs of the Year - Atlassian

Chef of the Year - Shannon Bennett

Iconic Artist - Ken Done

Agenda Setter of the Year - Stan Grant

Comedian of the Year - Joel Creasey

Breakthrough Solo Artist of the Year - Harts

Man of Chivalry - Peter Greste

Sportsman of the Year - Dylan Alcott

Ensemble of the Year - Hacksaw Ridge cast

International Menswear Designer of the Year - Kim Jones

Team of the Year - Western Bulldogs

Breakthrough Sportsman of the Year - Kyle Chalmers

Breakthrough Actor - Keiynan Lonsdale

Tagged in