How Gold Coast couple bought and sold $18 million of property during pandemic

A GOLD Coast family has bought and sold $18 million worth of property over three years, taking advantage of Queensland’s pandemic property boom.

Since January 2019, Jeremy Langston has bought six homes, sold three, and just listed his fourth property for sale at Burleigh Heads.

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Mr Langston, a 35-year-old business owner and father-of-four, said it had been an extraordinary journey with his young family.

“We bought our very first home in Gilston in January, 2019, but when the pandemic happened we decided we wanted to live closer to the beach and bought a home in Robina,” Mr Langston said.

“But we loved the area that the Burleigh Heads locals have affectionately named Koala Park and bought our third home in Tawarri Cres.”

Included in his incredible property portfolio was Queensland’s most photographed home, The

Palms, Burleigh Heads.

Mr Langston and his wife Katie met Conal Martin, principal at Kingfisher Realty, who introduced them to The Palms.

Before they knew it, they had bought the iconic home at auction and sold their Robina and Koala Park properties.

Tennis star Lleyton Hewitt and his wife Bec bought The Palms off Mr Langston, which he sold for $550,000 more just three months after purchasing it.

“Even though we were living in Queensland’s home of the year 2021, we were homesick for Koala Park, so we found the perfect location in the same street we lived in previously and sold The Palms to the Hewitts,” he said.

“We engaged the builder of The Palms, JG Design and Construct, and have just finalised the plans to build our dream home in the area we love,”

Another development opportunity presented itself in December, 2021 at Elanora Drive, Burleigh Heads, which racked up Mr Langston’s sixth purchase.

“I’m a numbers man, and I really enjoy the property market and economics, so I’m a bit of a geek when it comes to all that,” he said.

“I just bought a property, then bought another one and another one, and it was just good timing with the pandemic.

“Buying and selling so many properties and moving a very young family multiple times in such a short period was no easy task, but we have had such an unbelievable experience along the way.

“Now we have just one more move before we settle down in our forever home for good.”

Mr Langston said it was an “interesting time” for the property market.

“When we did see when the first interest rise hit was there was a lot of fear and panic,” he said.

“But there’s two sides to it. The side you see in the media and the side you see on the ground.

“What I’m seeing on the ground is that people are more apprehensive about buying older blocks and doing new builds because of the cost of new builds.

“New and renovated homes are still selling at good numbers, they haven’t really dropped.”

Mr Langston’s latest listing at 43 Elanora Drive, Burleigh Heads sits on a rare 516 sqm corner block and offers a valuable development opportunity in the heart of Koala Park. Conal Martin of Kingfisher Realty is marketing the property.

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