Turkey's Prime Minister Ahmet Davutoglu has declared victory for his ruling party after preliminary election results showed it restoring its majority in parliament.

State-run TRT television reports that with more than 95 per cent of the votes counted, the ruling Justice and Development Party, or AKP, has won just above 49 per cent, which would comfortably restore its ruling majority.

Mr Davutoglu said: "Today is the day of victory of democracy and the people."

The results suggest that AKP's gamble to hold new elections has paid off.

Supporters at the party's Ankara and Istanbul headquarters were already waving flags in rapturous celebrations.

The vote is a rerun of a June election in which AKP surprisingly lost its one-party rule due to a strong showing by a Kurdish party.

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