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		<title>VIC</title>
		<description>Property investment news, analysis and commentary from Property Observer</description>
		<link>http://www.propertyobserver.com.au/victoria/</link>
		<lastBuildDate>Sat, 18 May 2013 19:51:02 +0000</lastBuildDate>
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			<title>Australia moves up to fourth most overvalued housing market but bubble risk subsides: The Economist</title>
			<link>http://www.propertyobserver.com.au/news/australia-moves-up-to-fourth-most-overvalued-housing-market-but-bubble-risk-subsides-the-economist/2013051761451</link>
			<guid>http://www.propertyobserver.com.au/news/australia-moves-up-to-fourth-most-overvalued-housing-market-but-bubble-risk-subsides-the-economist/2013051761451</guid>
			
			<category>Victoria</category>
			<pubDate>Thu, 16 May 2013 20:21:01 +0000</pubDate>
		<description>Australia has moved from fifth to fourth most overvalued global property market but the overall risk of a housing bubble has subsided, according to the internationally authoritative, but debatable...</description></item>
		<item>
			<title>Greater Building Society cuts one-year fixed-rate home loan to 4.74%</title>
			<link>http://www.propertyobserver.com.au/mortgages/greater-building-society-cuts-one-year-fixed-rate-home-loan-to-474</link>
			<guid>http://www.propertyobserver.com.au/mortgages/greater-building-society-cuts-one-year-fixed-rate-home-loan-to-474</guid>
			
			<category>Victoria</category>
			<pubDate>Thu, 16 May 2013 14:19:33 +0000</pubDate>
		<description>The Greater Building Society has cut its one-year fixed-home loan rates by 25 basis points to 4.74%.

The new rate is available under its one year fixed ultimate home loan package offering.

It was...</description></item>
		<item>
			<title>Drama on the residential property front although Dan and Dani quietly spend their proceeds</title>
			<link>http://www.propertyobserver.com.au/title-tattle/drama-on-the-residential-property-front-although-dan-and-dani-quietly-spend-their-proceeds</link>
			<guid>http://www.propertyobserver.com.au/title-tattle/drama-on-the-residential-property-front-although-dan-and-dani-quietly-spend-their-proceeds</guid>
			
			<category>Victoria</category>
			<pubDate>Thu, 16 May 2013 14:01:15 +0000</pubDate>
		<description>It was certainly a drama packed week on the property front - more so in&amp;nbsp;the court rooms than the auction rooms and&amp;nbsp;television screens.

The&amp;nbsp;least histrionics&amp;nbsp;actually came from...</description></item>
		<item>
			<title>Stuart Appleby lists Brighton East home away from home</title>
			<link>http://www.propertyobserver.com.au/victoria/stuart-appleby-lists-brighton-east-home-away-from-home/2013051661422</link>
			<guid>http://www.propertyobserver.com.au/victoria/stuart-appleby-lists-brighton-east-home-away-from-home/2013051661422</guid>
			
			<category>Victoria</category>
			<pubDate>Thu, 16 May 2013 13:18:09 +0000</pubDate>
		<description>Professional golfer Stuart Appleby has listed his home away from home in Brighton East.

The four-bedroom property (pictured below) backs onto the Brighton Golf Course and is expected to secure over...</description></item>
		<item>
			<title>Budget move to encourage seniors to downsize is a good start but not enough: Mary Wood</title>
			<link>http://www.propertyobserver.com.au/trends/budget-move-to-encourage-seniors-to-downsize-is-a-good-start-but-not-enough-mary-wood/2013051661421</link>
			<guid>http://www.propertyobserver.com.au/trends/budget-move-to-encourage-seniors-to-downsize-is-a-good-start-but-not-enough-mary-wood/2013051661421</guid>
			
			<category>Victoria</category>
			<pubDate>Thu, 16 May 2013 12:52:37 +0000</pubDate>
		<description>This week's budget announcement that older Australians will be able to unlock equity in the family home without affecting their pension is welcomed by the Retirement Living Council(RLC), a division...</description></item>
		<item>
			<title>Meet and greet in South Yarra with Yarra House interior designer Scott Walker</title>
			<link>http://www.propertyobserver.com.au/victoria/meet-and-greet-in-south-yarra-with-yarra-house-interior-designer-scott-walker/2013051661420</link>
			<guid>http://www.propertyobserver.com.au/victoria/meet-and-greet-in-south-yarra-with-yarra-house-interior-designer-scott-walker/2013051661420</guid>
			
			<category>Victoria</category>
			<pubDate>Thu, 16 May 2013 12:50:10 +0000</pubDate>
		<description>Award-winning interior designer Scott Walker of HASSELL will do a meet and greet this Saturday, May 18, 2013&amp;nbsp;in South Yarra.
HASSELL is responsible for the design of South Yarra’s Yarra House, a...</description></item>
		<item>
			<title>'Walkability' will become more important as cities become denser: Michael Yardney</title>
			<link>http://www.propertyobserver.com.au/residential/walkability-will-become-more-important-as-cities-become-denser-michael-yardney/2013051661402</link>
			<guid>http://www.propertyobserver.com.au/residential/walkability-will-become-more-important-as-cities-become-denser-michael-yardney/2013051661402</guid>
			
			<category>Victoria</category>
			<pubDate>Thu, 16 May 2013 04:00:00 +0000</pubDate>
		<description>You often hear that location is paramount when choosing a great investment property. But what makes a good location? &amp;nbsp;

While a lot of factors come into play, easy access to facilities must be...</description></item>
		<item>
			<title>All tracks lead to Sydney saleability: Walk Score rankings</title>
			<link>http://www.propertyobserver.com.au/residential/all-tracks-lead-to-sydney-saleability-walk-score-rankings/2013051661271</link>
			<guid>http://www.propertyobserver.com.au/residential/all-tracks-lead-to-sydney-saleability-walk-score-rankings/2013051661271</guid>
			
			<category>Victoria</category>
			<pubDate>Thu, 16 May 2013 04:00:00 +0000</pubDate>
		<description>Sydney has been named Australia’s most walkable city by US-based Walk Score in its first ranking of Most Walkable Australian Cities and Suburbs.

Walk Score’s ranking of the top 10 largest Australian...</description></item>
		<item>
			<title>Ask Margaret: how can I convert residential property into commercial property?</title>
			<link>http://www.propertyobserver.com.au/commercial/ask-margaret-how-can-i-convert-residential-property-into-commercial-property/2013051661405</link>
			<guid>http://www.propertyobserver.com.au/commercial/ask-margaret-how-can-i-convert-residential-property-into-commercial-property/2013051661405</guid>
			
			<category>Victoria</category>
			<pubDate>Thu, 16 May 2013 04:00:00 +0000</pubDate>
		<description>Hi Margaret, &amp;nbsp; 

I would like to ask you how one can go about converting residential property into commercial property such as a&amp;nbsp;medical centre.&amp;nbsp;&amp;nbsp;

What are the pros and cons of...</description></item>
		<item>
			<title>Bunnings Warragul store snapped up by Brisbane investor for $4.6 million as Coles versus Woolies DIY battle pushes up rents</title>
			<link>http://www.propertyobserver.com.au/retail/bunnings-warragul-store-snapped-up-by-brisbane-investor-for-$46-million-as-coles-versus-woolies-diy-battle-pushes-up-rents/2013051661400</link>
			<guid>http://www.propertyobserver.com.au/retail/bunnings-warragul-store-snapped-up-by-brisbane-investor-for-$46-million-as-coles-versus-woolies-diy-battle-pushes-up-rents/2013051661400</guid>
			
			<category>Victoria</category>
			<pubDate>Thu, 16 May 2013 04:00:00 +0000</pubDate>
		<description>All seven hardware store premises listed for sale in Sydney and Melbourne Burgess Rawson portfolio auctions have sold to investors with yields ranging from 5.79% to 10.28%.

Six of the seven stores...</description></item>
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