White Fox, fashionable magnates aged32 and33, spend $60m on two houses in Vogue Village.

Rag traders Georgia and Daniel Kontos bought their first home in the Vaucluse area two years ago for $34.5 million, but the hefty price tag didn't stop the couple from buying another nearby home for over $25 million. The $60 million property was described by a fashion industry insider as a place for the couple to live during the extensive reconstruction of their first home.

This house, built in the1920s from the design of architect F. Glynn Gilling, was sold for over25 million dollars to Georgia and Daniel Contos. This demonstrates the success of their fast fashion online brand, White Fox Boutique, which they founded ten years ago in their early20s based on social media and influencer marketing.

White Fox Boutique now has showrooms in Sydney and Los Angeles, and the ranks of influencers promoting their revealing dresses, swimsuits, and oversized hoodies have been bolstered by billboards and ads on the backs of countless Sydney buses.

The first Kontos house in Vaucluse was one of the most expensive sales of 2021 and marked the end of nearly half a century of ownership by meat wholesaler Peter Andrews and his wife Irene. The application for the partial demolition of the building, constructed in 1976, and its renovation according to a design by Bruce Stafford Architects for a sum of $3.7 million was approved by the council last week.

Meanwhile, the Kontos' new acquisition is a house built in the 1920s, designed by architect F. Glinn Gilling, which was sold as a ready-made home by former Regal Funds Management investor Julian Babarchi and his wife, interior designer Olivia.

For Babarchi, this was a great result, considering they paid $4.3 million in 2014 and unsuccessfully tried to sell it in 2020 for $15 million, although the exact terms of the sale and the identity of the Kontoses remain a well-guarded secret by agents Warren Ginsberg from Ray White Double Bay and Alexander Phillips from PPD.

The Babarchis used the funds they received to purchase a mansion in Turak for about $23.5 million from National Tiles founder Frank Walker.

The success of White Fox didn't come without some drama. Last year, one of the brand's influential figures, Kerry Gribble, was publicly fired for allegedly insulting the weight of another influential figure and OnlyFans star, Mikaela Testa.

Then in June, there was an incident involving plastic when Georgia's happy post at the top of the clothing order mountain in their Sydney warehouse turned into a failure, as social media followers accused the company of contributing to excessive waste and landfills.

Apparently, spring is already close, judging by the increase in the number of luxury homes listed for sale this week.

The Nathans are selling their house due to a move to Freshwater, where they set a neighborhood price record of $16.45 million by purchasing the designer home of startup founder in artificial intelligence and social media, Matthew Kapp, and his wife, Joanna Kapp-Kales.

Lynwood is a mansion built in 1903, located in Warrandyte, owned by Ted and Jennifer Nathan since 1997.

A house is also for sale in Bellevue Hill, owned by Diane Bray and her late husband Michael Bray, who had owned it since 1978. The architect of the house is John Sattor. Michael Bray was the mayor of Woollahra.

John Comino, the former mayor of Woollahra, is also selling his house in Vaucluse for around 10 million dollars. Comino has owned the Cherwell house since 1993, having paid 960,000 dollars before becoming mayor eight years later. The auction is scheduled for August 31.

Meanwhile, innkeeper Graham Campion and his wife Marisa, daughter of developers Bob and Margaret Rose, are about to find out how the luxury home market has evolved since they bought their waterfront home 18 months ago.

The last owner of "Rockpool" was former Westpac chief David Morgan and his wife, former Member of Parliament Ros Kelly. After renovations, Pallier is asking for 32 million dollars.

The Campions' decision to sell their house came a year after they sold the Longville hotel for about 50 million dollars, putting an end to a century of control by the Campion family.