Gold Coast hols in favour, occupancy rates up to 95%: Raine & Horne

Jennifer DukeDecember 7, 2020

Christmas is the time for holidaying, and it seems that it quickly identifies where is back in favour for holidaymakers, with Gold Coast occupancy rates back up to 95%.

Byron Bay is nearing 100% occupancy rates for the 2013/2014 summer holiday period, while bookings are up 30% on the NSW South Coast, according to Raine & Horne.

Executive chairman and CEO of Raine & Horne, Angus Raine, said that Australians are holidaying locally pushing down the vacancy rates in many holiday home areas.

If you’ve left it until now to secure on of these properties for your holiday, it may just be too late.

Raine & Horne Byron Bay principal Sophie Christou said that the no vacancy sign is not far off for the 28 December to 4 January week.

“Our holiday lettings booked out about three months ago for that week, which is an improvement on last year,” said Christou.

“It helps that there are international flights from New Zealand to the Gold Coast and then it’s a 45 minute drive to Byron Bay,” she said, noting two-bedroom holiday homes start from $2,000 a week during the Christmas season.

Jennifer Duke

Jennifer Duke was a property writer at Property Observer

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