LeoModels230.jpgThe Sunday Telegraph is reporting that Leonardo DiCaprio, 36, is rebounding from his summer fling with Blake Lively with not one -- but TWO models!

The actor is in Australia filming The Great Gatsby, and last week was linked to Australia's Next Top Model contestant Alyce Crawford (she reportedly was seen at his hotel suite.)

Now, DiCaprio has reportedly been hooking up with 20-year-old model Kendal Schuler. "She knows this isn't serious and she is just enjoying the time with him," a source said.

Lively and DiCaprio broke up a week ago after five months of dating. DiCaprio split with model Bar Refaeli, 26, in May after five years of dating.

For her part in the I'm-over-you-first race, Lively, 24, was reportedly making out with her Green Lantern co-star Ryan Reynolds, 34, last week. The two went to a Radiohead concert that Reynolds' ex-wife, Scarlett Johansson, also attended. AWKWARD!