Low Aussie dollar encourages Australians to holiday at home

By Mary Ward ·

Close to 90% of holiday rentals in some of Australia’s most popular summer holiday destinations have already been booked out.

Holiday rentals in Byron Bay, Surfers Paradise, and on NSW’s Central Coast and South Coast are in high demand over Christmas and NYE, a trend that can be attributed to sound consumer confidence, and a substantially lower Australian dollar than last summer.

Clark Brackenridge of Raine & Horne Surfers Paradise said that they were close to being booked out over Christmas, and running at 90% capacity across January.

“If someone rings today, we will do it very tough to find them a two bedroom apartment for the Christmas and New Year period,” Brackenridge said.

“If you do find an apartment, you can expect to pay up to $450 a night for a 2-bedder.”

It’s a similar story on the NSW South Coast, where Raine & Horne’s Mollymook/Milton branch is almost completely booked out between December 20 and January 17.

Further north, holidaymakers looking to travel to Byron Bay this summer should finalise their accommodation now, according to Raine & Horne’s Sophie Christou, who is already completely booked out over Christmas.

“Byron Bay is benefiting from a lower Australian dollar, which is encouraging more Australians to stay put this Christmas,” Christou said.

“On the flipside, more expats, as well as visitors from the UK and New Zealand, are this year choosing Byron Bay for their Christmas holidays.”