Parked cars between Palm Beach, Currumbin, Kirra, Bilinga and Coolangatta had tyres slashed between 9pm yesterday and 6am today, police have confirmed.
Many cars had two tyres slashed, meaning they will need to be towed.
Video posted to social media shows more than 10 cars parked on Palm Beach Avenue with two tyres slashed.
A 41-year-old Coolangatta woman is assisting police with their enquiries.
Police are investigating the damage and are appealing for anyone who witnessed suspicious activity in the area overnight or who has dashcam or CCTV to come forward to police.
