RENTAL prices have risen up to 12% across the southern Gold Coast in the last quarter, according to a property and tourism report.

The Midwood Queensland Investment Report shows rent for three-bedroom properties jumped 8% and four-bedroom homes rose 12%.

The increase in prices is positive for investors keen to increase their revenue, but not so great for renters facing higher and higher prices.

Real estate principal for Ray White Burleigh Heads Scott Boniwell said the real estate market was constantly fluctuating.

“Rental prices depend on the property, the location, proximity to the beach and the condition of the property,” Mr Boniwell said.

“But a tough market will make investors want to raise their prices to increase their revenue.”

DJ Stringer principal

David Stringer said he had noticed a soaring demand for rental properties across the southern Gold Coast.

“With the demand for quality rental accommodation far outweighing supply, this means stronger selection of tenant, reduced vacancy periods and optimum rent being achieved,” he said.

Mr Stringer said low interest rates and continued demand for rental accommodation would continue to push up rental returns.

But Gold Coast renters aren't happy, with some choosing to relocate into the Tweed shire to avoid the high prices. Larrissa Booth said she had searched for weeks for a place to rent on the Gold Coast and had found none in her price range.

“We spent weeks looking at places all over the Gold Coast that were over-priced for run down places,” she said.

“Now we're at Chinderah.”