A third trailer has just been let loose for Guillermo del Toro’s ace-looking Cold War era fairy tale of a girl and her swamp creature, The Shape of Water.

The Shape of Water, which nabbed the Golden Lion for ‘Best Film’ at the Venice Film Festival –  stars the brilliant Sally Hawkins, as well as Octavia Spencer, Michael Shannon, Richard Jenkins, Michael Stuhlbarg and Doug Jones.

This latest trailer is a red band one, meaning it has the odd swear, and some graphic content.

The Shape of Water is due in Australian cinemas on January 18, 2018.

Immerse yourself in the other works of Guillermo del Toro at JB Hi-Fi.