Buyer searches have surged in these suburbs - are prices about to jump higher?

The number of people searching for properties has more than doubled in some suburbs in the past year, signalling where home prices could jump next.

The latest PropTrack data shows buyers have become increasingly active in the market, with the number of searches rising across most suburbs.

The increase in search activity follows improving conditions in the property market, with three interest rate cuts so far this year lifting borrowing capacities and boosting confidence.

REA Group senior economist Eleanor Creagh said lower interest rates had attracted more buyers back into the property market compared to a year ago.

“Housing demand has been rebuilding with this year’s series of interest rate cuts,” she said.

“Lower interest rates have boosted borrowing power and confidence, re-engag