More than 30 people were camped out by Friday evening

The first properties in the SA1 scheme at the Prince of Wales Dock went on sale at lunchtime on Saturday.

People have been camped out since Wednesday hoping to put down deposits on the homes that will form part of the �200m redevelopment of the area.

Earlier in the week people queued for a similar time to buy flats at Clyne Castle on the west of the city.

Prices start going up in Bristol - then Newport and Cardiff and now it's come down to us Darren Llewellyn

The extent people are will to go to is seen as further evidence of Swansea's booming property market.

Homes near the waterfront are now becoming as sought-after as those in Cardiff Bay.

By Friday evening there were more than 30 people waiting in line.

The average price for a home in Swansea is now �111,354 according to the latest figures from the Land Registry - a rise of 33.2% in the last year.

Car garage worker Karl Jones was first in the queue for one of the Bellway Homes flats at SA1.

Karl Jones started the queue on Wednesday

The 21-year-old had been sleeping in a camper van since arriving outside the sales office on Wednesday.

"If you are not prepared to queue then you won't get one," he said.

"I'm not buying it to sell - I'm buying it to live in here. I don't mind if they don't go up in value but I hope so."

Properties at the waterfront development will range in price from around �75,000 for a studio apartment to �500,000 for penthouse flats.

Only a limited number of flats were being sold on Saturday.

Property developer Darren Llewellyn was another in the queue.

"I've been here since Thursday and there are about a dozen people in front of me," he said.

Darren Llewellyn believes they will be a good investment

"From what I can gather they are only selling 40 on Saturday so if you are not in the queue you are not going to get one.

"It's a great location and I think it will be a good investment.

"You will always make money on the first phase as far as I'm concerned but I'm looking to move in.

"Properties in Swansea and Cardiff are the best you can get at the moment.

"Prices start going up in Bristol - then Newport and Cardiff and now it's come down to us."

Because of demand Bellway Homes was limiting one property per person.

The company says it has received more than 1,000 enquiries for the 158 flats it is building at King's Road.

The Bellway Homes development is the first of many planned for the dockland.