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Fashion power couple’s $100m real estate plunge

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Thirty-something fashion gurus Georgia and Daniel Contos have just paid $36m for another luxurious home, their third in the Vaucluse neighbourhood where they’ve now spent close to $100m on real estate.

A Million Dollar Listing Sydney Instagram post several months back revealed the off-market sale via Monika Tu of Black Diamondz and buyer’s agent Simon Cohen, but until now no-one knew the buyer.

Now sources close to Georgia. 32, and Daniel, 33, have spilled the beans, saying they’ve snapped up the house next door to the one they bought for $34.45m two years ago.

Their latest home, in a top spot, cost $36m.


It last traded for $16m in 2018. Picture: @MilliondollarlistingSydney.


There are iconic harbour views. Picture: MilliondollarlistingSydney.


It’s right next door to their current residence, pictured above, that cost $34.45m two years ago.

It’s understood they’re now planning to combine the two properties. They’ve already won approval from Woollahra Council in August for a $4m renovation with pool by Bruce Stafford Architects to their first home.

This is all separate from the house in nearby Wentworth St, that they bought for more than $25m, prior to auction in May.

The couple, whose online brand White Fox promotes skimpy dresses and oversized hoodies on billboards and Sydney buses, have showrooms in both Sydney and Los Angeles.

Their reach has grown and grown since they started the business a decade ago when they were in their early 20s, with a bit of help from social media influencers.

They bought this house for more than $25m, prior to auction in May.


Owner of online fashion business White Fox Boutique, Georgia Contos. Source: Instagram


The most recent $36m purchase was a five-bedroom home on a 993sqm block with iconic Bridge and Opera House views, purchased for $16m in 2018 by property investor Hoang Trang Do.

John Singleton’s old ‘Great Gatsby’ home for sale for $85m

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Georgia Contos poses with a White Fox billboard in Los Angeles. Picture: Instagram/White Fox


The fashion couple bought their first Fisher Ave home from Andrews Meat wholesaler Peter Andrews and his wife Irene.

The Wentworth Rd property was a 1920s house designed by architect F. Glynn Gilling, beautifully renovated by the interior designer owner, Olivia Babarczy and her husband former Regal Funds Management investor Julian Babarczy.

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Homelessness: Tiny home village to open next week in Halifax suburb

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HALIFAX – A village of tiny homes is set to open next month in a Halifax suburb, the latest project by the provincial government to address homelessness.

Located in Lower Sackville, N.S., the tiny home community will house up to 34 people when the first 26 units open Nov. 4.

Another 35 people are scheduled to move in when construction on another 29 units should be complete in December, under a partnership between the province, the Halifax Regional Municipality, United Way Halifax, The Shaw Group and Dexter Construction.

The province invested $9.4 million to build the village and will contribute $935,000 annually for operating costs.

Residents have been chosen from a list of people experiencing homelessness maintained by the Affordable Housing Association of Nova Scotia.

They will pay rent that is tied to their income for a unit that is fully furnished with a private bathroom, shower and a kitchen equipped with a cooktop, small fridge and microwave.

The Atlantic Community Shelters Society will also provide support to residents, ranging from counselling and mental health supports to employment and educational services.

This report by The Canadian Press was first published Oct. 24, 2024.

The Canadian Press. All rights reserved.

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Here are some facts about British Columbia’s housing market

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Housing affordability is a key issue in the provincial election campaign in British Columbia, particularly in major centres.

Here are some statistics about housing in B.C. from the Canada Mortgage and Housing Corporation’s 2024 Rental Market Report, issued in January, and the B.C. Real Estate Association’s August 2024 report.

Average residential home price in B.C.: $938,500

Average price in greater Vancouver (2024 year to date): $1,304,438

Average price in greater Victoria (2024 year to date): $979,103

Average price in the Okanagan (2024 year to date): $748,015

Average two-bedroom purpose-built rental in Vancouver: $2,181

Average two-bedroom purpose-built rental in Victoria: $1,839

Average two-bedroom purpose-built rental in Canada: $1,359

Rental vacancy rate in Vancouver: 0.9 per cent

How much more do new renters in Vancouver pay compared with renters who have occupied their home for at least a year: 27 per cent

This report by The Canadian Press was first published Oct. 17, 2024.

The Canadian Press. All rights reserved.

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B.C. voters face atmospheric river with heavy rain, high winds on election day

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VANCOUVER – Voters along the south coast of British Columbia who have not cast their ballots yet will have to contend with heavy rain and high winds from an incoming atmospheric river weather system on election day.

Environment Canada says the weather system will bring prolonged heavy rain to Metro Vancouver, the Sunshine Coast, Fraser Valley, Howe Sound, Whistler and Vancouver Island starting Friday.

The agency says strong winds with gusts up to 80 kilometres an hour will also develop on Saturday — the day thousands are expected to go to the polls across B.C. — in parts of Vancouver Island and Metro Vancouver.

Wednesday was the last day for advance voting, which started on Oct. 10.

More than 180,000 voters cast their votes Wednesday — the most ever on an advance voting day in B.C., beating the record set just days earlier on Oct. 10 of more than 170,000 votes.

Environment Canada says voters in the area of the atmospheric river can expect around 70 millimetres of precipitation generally and up to 100 millimetres along the coastal mountains, while parts of Vancouver Island could see as much as 200 millimetres of rainfall for the weekend.

An atmospheric river system in November 2021 created severe flooding and landslides that at one point severed most rail links between Vancouver’s port and the rest of Canada while inundating communities in the Fraser Valley and B.C. Interior.

This report by The Canadian Press was first published Oct. 17, 2024.

The Canadian Press. All rights reserved.

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