So we have decided, that we would like to buy a house. Nothing flash. Something we can afford, and renovate as we go.

Our total income p/wk is $907 (with no rent assistance) which is from DH's wage and my Centrelink. We have been doing calculations on the online calculator things, and if we borrow $170,000 we are looking at around $250 p/wk in repayments. We currently are paying $240 for rent.
If we brought a house, we would lose $148 per fortnight in rent assistance.

Does anyone think this is possible? I have done my sums, and after living expenses, rates, water, insurances, etc, we are left with $82 a week.

CAN it be done?