Pip Edwards wasn't shy about flaunting her millions on Friday night when she stepped out in a very pricey designer ensemble to attend the opening night of Guys & Dolls at Handa Opera on Sydney Harbour.

The P.E Nation founder, 44, flashed $21,685 worth of luxury fashion house pieces as she slipped into a black leather Louis Vuitton dress with a gaping neck and sleeves. 

Putting on a leggy display in the frock, the garb retails at a jaw-dropping $7,650—and Pip's penchant for Louis Vuitton didn't end there.

The Ksubi creative director cinched in her waist with a $840 black and gold belt from the French company and carried a white leather bag, which proved to be the most expensive item in her ensemble at $10,700. 

Pip then decided to dip into her Christian Louboutin collection as she stepped into a pair of black and white heels by the brand, worth $2,495.

The blonde beauty completed her accessories with numerous rings, bracelets, and several chunky stacked earrings, all worth thousands from the company Mega Jewelry. 

Elsewhere, Sylvia Jeffreys opted for a more modest display as she arrived at the theatre show with her mother Janine.

The Today Extra co-host, 38, poured her figure in an olive green maxi dress which featured a high neckline and ruched detailing at the hip.

She kept her accessories simple as she stepped into a pair of gold strappy kitten heels which matched her gold earrings and bracelets.

She then clutched a white designer handbag as she posed with her mother who wore a crisp white button-up shirt and black slacks. 

The Bachelor couple Tim and Anna Robards looked every inch the loved up couple as they arrived arm-in-arm.

The mother-of-two, 38, was all smiles as she rocked a coral coloured Rebecca Vallance midi dress worth $899.

She paired the frock with a reflective silver clutch which matched her kitten heels and chunky earrings.

Meanwhile, husband Tim, 42, looked dashing in a grey sports jacket with a black T-shirt and jeans underneath. 

Cody Simpson and Emma McKeon also arrived arm-in-arm, with the singer, 28, wearing a grey suit over a white T-shirt while his Olympic swimmer partner, 30, slipped into a racy black silk and lace dress.

David and Lisa Campbell were every inch the matching pair in black. The Today Extra host, 51, looked dashing in a tuxedo while his wife rocked a long collared dress.

Actors Fely Irvine and Tai Hara also dazzled in matching colours as the Hi-5 star, 36, put on a raunchy display in a completely see-through blue crochet top, while her partner, 34, slipped into a similarly hued dinner jacket.

Real Housewives of Sydney star Sally Obermeder, 51, put on a busty display in a very low-cut black dress as she arrived with her nine-year-old daughter Elyssa Rose.