Missing surfer Peter Maynard’s wife, Kylie, brother John and other relatives have been in Bali since Thursday, after learning he disappeared.

The family of an Australian man missing in the surf off Indonesia is preparing to go home without him.

Peter Maynard’s wife, Kylie, brother John and other relatives have been in Bali since Thursday, after learning the father of three was missing.

They identified a piece of surfboard found off Bali as his, but there has been no other sign of Mr Maynard since August 27.

Detective Nyoman Wirijaya says Kylie and John Maynard have informed him they will return to Queensland on Thursday.

“They said thank you and asked us to give them any news immediately if Peter is found or any other findings,” he told reporters.

Mrs Maynard also confirmed to police that her family was offering a $5000 reward for her husband’s return.

At least three handwritten posters are up around Bali but the reward for Mr Maynard “alive or not” was thought by many to be a hoax.

Police were to review whether to continue the search for a 15th day.

They were still searching on Wednesday, around an area called Shipwrecks were Mr Maynard’s broken board was found.

When he was last seen, the Sunshine Coast man was relaxed and having breakfast at a hotel on Nusa Lembongan, a short boat ride from Bali, where he was holidaying alone.

When he did not check out as planned the following day, staff discovered all his personal effects still in his room and alerted police.

Mrs Maynard made a tearful visit to the hotel on Friday and confirmed her husband’s third surfboard and a rash shirt were not in his room.

John Maynard made a statement to the media on Friday, saying the surf on that day was “relatively benign” and he hoped his brother would be found safe and well.

The family did not speak to reporters on Wednesday.

However, John Maynard has told the ABC it was a tough decision to leave.

Finding the board piece had raised the family’s hopes that his brother, a strong swimmer who regularly surfed alone, had clung to the other piece and followed the currents.

But air searches in the direction of those currents had turned up nothing, he said.

“We’re still clinging to a glimmer of hope that miracles really do happen,” he told the ABC.

The family would rather be leaving Bali with “a sense of closure” but was sadly realising that may not happen.

“We’ve also obviously got commitments back home to our own families and children and at some point we’ve got to make that really difficult decision to come home,” he said.