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I am not much further down the road than you in planning- I too am in the stage of "Wow, we could actually do this!"-very exciting!!
Apart from the lagalities of travelling on a pension,the issue of legally schooling the kids is a big one. We have been registered home schoolers for 3 years and I'm pretty sure our assessor would approve an extended trip around Oz- to a point! Months say,not years. Because home schooling requirements vary so much from state to state it is very tricky to legally home school on the road indefinitely. From what I can tell families doing this prefer to use Distance Education as a straight forward legal alternative. It is quite different to home schooling though,and well worth researching. I am still thinking on all this myself...I have also read of kids being put into remote schools for a few months when their parents were doing seasonal work. That sounds great to me too.
What to travel in is another big consideration- what will work for us within a tight budget? If you haven't looked into this yet prepared to be confounded with choice and variety! Gumtree of course is a great place to browse. At this stage I am looking at a pop top campervan. The towing capacity of your car needs to be considered for this,and also whether you are experienced in towing...I am not. Lots of learning with every new question on how to do this.
Great idea on the postal address, I had thought to have a friend to collect and send on mail,making sure all that can be done online is done online. (Using free wi fi in towns,camp sites etc). We would still need an actual residential address as well though...still thinking on it...
Cassjm,all the best to you. You're right, we need to find an online community of people doing the same. Check out Travelling Australia With Kids (TAWK),some great info and families stories,though none that I read were single parent families. Good luck in your planning! I would love to hear from you again