The former home of notorious serial killer Ivan Milat is up for sale – and, according to selling agent Susan Parkes, any buyers would “be proud to live there”.

The four-bedroom Eagle Vale house, which has a price guide of $685,000 to $715,000, has a pool and an outside pergola area “large enough for family get togethers”, she said.

Milat stored a cache of weapons and trophies from his victims in the house. He was arrested in 1994 at the Cinnabar St property, before being convicted of the murders of seven backpackers in Belanglo State Forest and is serving seven consecutive life sentences as well as 18 years without parole.

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The home with the dark past last sold in 2006 at $386,000.

Milat, now 71, bought it in 1992 with his sister Shirley Soire for $50,000, with the siblings selling it in 1995 at $160,000.

Century 21 Premier Reality agent Ms Parkes told The Sunday Telegraph that prospective buyer feedback was that “it’s a lovely home”.

The pool and outdoor entertaining area is a drawcard. Photo: Supplied

The house boasts a Tassie oak kitchen, walk in pantry, dishwasher and bench space. Photo: Supplied

The house sold in 1995 for $160,000. Photo: Supplied

Meanwhile, Melbourne’s weekend auctions were overshadowed by the case of the missing millions after six LJ Hooker offices were closed by Victorian Consumer Affairs given trust account irregularities.

Some 20 homeowners, along with 80 rental tenant and landlords, are caught up in the matter after irregularities were found in a LJ Hooker franchise in Glen Waverley and its associated branches in Keysborough, Mount Waverley, Burwood, Doncaster and Box Hill.

The branches are operated by married couple Joseph Ngo and Judy Thanh Truc (also known as Judy Nguyen), who were named LJ Hooker’s Best Team of the Year in 2015.

Around 1260 auctions took place in the Victorian capital on Saturday – beating the previous record for any April weekend, according to Domain economist Dr Andrew Wilson.

Melbourne reported a strong 74 per cent clearance rate, the same as Sydney which hosted its second busiest Saturday so far this year (800 auctions).

Still in Melbourne, legendary Collingwood full forward Peter McKenna has his Richmond home listed for May auction.

It is an Edwardian cottage at Malleson Street listed through Jellis Craig agent Luke Schickling, who has $1 million plus hopes for the three-bedroom property.

McKenna, who kicked 874 goals in 180 games for Collingwood between 1965 and 1975, is considered of the game’s all-time greats.

Bought at a 1998 auction for $306,750, it goes to May 14 auction.

Collingwood legend Peter McKenna’s home is on the market. Photo: Supplied

The kitchen/meals area overlooks an undercover courtyard. Photo: Supplied

The home boasts three bedrooms. Photo: Supplied

Preliminary results for Brisbane show a 49 per cent clearance rate.

The number of Adelaide auctions rose to 129 this week, with agents securing a 64 per cent success.

Perth’s clearance rate was 46 per cent, while Canberra’s clearance rate fell from 73 per cent last week to 67 per cent.

The national result sits at 71 per cent, up marginally from a final auction clearance rate of 69 per cent last week, but lower when compared to one year ago at 78 per cent.

The weekend’s top sale was pre-auction in Sydney’s Gladesville at $7,095,000 for 65 Wharf Road, a six-bedroom riverfront.

The luxurious harbourside home at 65 Wharf Road Gladesville sold for over $7 million. Photo: Supplied

Melbourne’s highest was when 16 Barnsbury Road, Balwyn sold for $6.36 million, a five-bedroom house on 1760 sqm with tennis court.

The ‘family entertainer’ in Balwyn. Photo: Supplied

There was a $4.29 million Brighton strata sale at 2/21 Birdwood Avenue, with a three-bedroom, three-bathroom Edgard Pirotta-designed beachfront townhouse.

It last sold in 1999 at $1.54 million.

The nation’s cheapest was $202,000 for a West Footscray one-bedroom apartment.

The West Footscray apartment was described as a perfect first home or ideal investment. Photo: Supplied

The 19/132 Rupert Street offering last sold in 1990 at $45,000.

Last listed at $190 a week rental earlier this year, the apartment had auction price guidance of $185,000 plus.

A decade ago the rent was $135 a week.

Jonathan Chancellor is editor-at-large at Property Observer