The Group B clash will eclipse the 988 million who watched the two neighbouring nations clash in their 2011 World Cup semi-final at Mohali on March 30, 'The Australian' newspaper reported.
It said that the match has been sold out for six months.
"It will be unlike any cricket match ever seen in Australia," an unnamed World Cup official was quoted as saying by the newspaper.
Bookmakers Centrebet has Australia at a seemingly short USD 3.50, followed by South Africa at USD 5, India and New Zealand both at USD 7 and England at USD 12.