BUYERS are queuing up to get hold of million-dollar homes in a Frankston street.
Cliff Rd in Frankston South is so sought-after, real estate agents have lists of potential buyers on their books.
Director of eview Arthur Proios said his team had hundreds of potential buyers on the database at any one time.
“Cliff Rd is where Frankston’s blue chip buying is,” Mr Proios said. “Location, location is what sells this street.
“They don’t come on the market very often but when they do, they get snatched up.”
Harcourts real estate co-owner Tanya Neven-Jones said she loved to get hold of property on the street.
“When we get anything there, the phones go crazy,” she said.
“They are so easy to shift and it is lovely to be able to say there is no shortage of million-plus buyers.
“It has the looks of a beautiful leafy suburb but is at the heart of everything.”
Properties on Cliff Rd sell from $900,000 and upwards of $1 million for houses with water views.
Other streets identified by real estate agents as hotspots are Fortescue Ave, Seaford, and Yuille St, Frankston.
Mates Rates sales manager David Cowie said Yuille St was a prime selling street.
“Houses there are snapped up in two to three weeks,” Mr Cowie said.
“We have a lot of people waiting for houses in that area of Frankston South in the high school zone.”
Real estate business owner Glenn Ryan described Fortescue Ave as “a permanent property hotspot”.
Frankston recorded the third-highest number of property sales over six months to September, 2009.
Property research group PRDnationwide said Frankston saw 195 properties sold in this time, up 30 per cent on the year before.
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