PHOTO: John Collis, a Sydney based investor, who has bought a number of apartments on the Gold Coast because of the good rental returns. Picture: NIGEL HALLETT

INVESTORS who own holiday homes in Queensland are tipped to reap the financial rewards this summer with new figures revealing strong demand for the prized beach shack.

Lured by the promise of capital gains and a steady income stream via the share economy, agents are seeing an increase in investors looking to the coast as occupancy rates rise during the peak period — and sellers are also looking to cash in on the rise in inquiries.

LJ Hooker holiday managers in Currumbin on the Gold Coast reported an occupancy rate of 98 per cent over the Christmas/New Year peak, with nine out of 10 bookings coming from domestic travellers.