Beauty billionaires bought Toorak’s most expensive home. Then got help to buy out the neighbours
- Posted on July 21, 2026
- By The Age
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- 1 min read
Wealthy beauty entrepreneurs Dennis and Georgina Bastas have expanded their luxury real estate portfolio in Melbourne's prestigious Toorak suburb. Beyond their existing Coonac mansion acquisition, the couple has strategically pursued additional properties in the exclusive neighborhood. Their real estate strategy involves coordinated purchases and neighbor acquisitions, signaling significant investment in one of Australia's most coveted residential addresses. This expansion reflects broader wealth concentration trends among billionaire entrepreneurs in premium property markets.
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