She wore her blonde hair in a low bun - attached to which was a long lace veil.
Each of Jasmine's seven bridesmaids wore black floor-length dresses by Rachel Gilbert.
Karl, meanwhile, looked dapper in a Tom Ford suit, with RM Williams boots for an Australian touch. His groomsmen also wore RM Williams boots.
Karl's sister Elisa married the happy couple after his mum Jenny walked him down the aisle.
Guests of the pair also glammed up for the big day – sharing photos under the official wedding Instagram hashtag.
Karl and Jasmine’s wedding venue – The One & Only Palmilla resort in Cabo – featured a stunning white wedding chapel.
As guests took their seats they were treated to a musician playing live music.
Key invitees included Pete and Tom, Sylvia Jeffreys, families, Richard and Christian Wilkins, Tim Gilbert and Julia Bishop.
My Kitchen Rules' Della Muscat was also one of the first guests to share pictures from the much-anticipated event.
On arrival at the picturesque venue, guests were given a Mexican maraca to shake when the happy couple shared their first kiss as husband and wife.
Earlier, stylish Jasmine gave a glimpse of what’s to come after being snapped in a sensational slip dress for her rehearsal dinner.
The 34-year-old designer looked breathtaking in a dress by luxury UK designer Galvan, as she prepared to wed TV host Karl.
Jasmine got ready for the big day with her high school friends Sarah Johnson, Sophie Pentland, Jimilla Houghton, Stoj Bulic, and Georgie Fleming, sister Jade Yarbrough and and business partner Tamie Ingham.
44-year-old Karl, meanwhile, prepared to say “I do” with the support of brothers Tom and Pete Stefanovic, as well as Josh Yarbrough, his close friends Ben Tilley, Mick Doohan, Steve Marshall and schoolfriend Alan Rogina.
Speaking ahead of the big day, Jasmine told The Daily Telegraph how she was feeling.
"I've a very loyal person so choosing one person for life is a big deal for me," she said.
"It means having someone by your side while you navigate this crazy, beautiful and sometimes challenging thing called life."
The Mara & Mine shoe designer added: "I never was a girl who dreamed of their wedding. I never imagined it, so I don't have any expectations."
As Karl Stefanovic and fiancé Jasmine Yarbrough prepared to marry in Mexico, details of a secret after party emerged.
Wedding guests let slip that the climax of the weekend’s wedding celebrations will involve a Studio 54-themed costume party.
“I’m all set for the Studio 54 party!” one guest was overheard saying, news.com.au reported. “Got my all-white suit.”
Ahead of the wedding a futuristic gazebo was erected on the beach close to the wedding reception.
Onlookers reported seeing DJ decks, a dance floor and a canopy of fairy lights being set up.
As Karl and Jasmine said “I do” the TV host’s ex wife Cassandra Thorburn took to Instagram to share the latest book she’d been reading – The Handmaid’s Tale.
“A good book for my journey,” the author wrote.
“An excellent TV series that is an emotional rollercoaster for women. Well worth watching.”
Fans of Cass took the opportunity to offer their support to her.
“I’m a complete stranger, yet my heart is hurting for you,” wrote one.
“I’m so proud of you!” wrote another. “Finally stepping out from someone’s shadow and becoming whole again! You have an army of supporters #underhereye,” wrote another.