PHOTO: Brisbane Home Price Index

Before the recent downturn stripped billions of dollars off the national property market, Brisbane shaped as one of the most at-risk cities of a crash.

Waves of apartments shooting to the sky had the city on the cusp of an oversupply of housing as debt levels soared.

But as the national market begins to show glimpses of stability after more than a year of falls, the Queensland capital has escaped largely unscathed, chief economist Nerida Conisbee said.

According to Ms Conisbee, search activity on the site shows buyers are surging to the market with a number of suburbs primed for investment.