your primary residence isn't an asset hun - it would only be an asset if you decided to rent it out and move back to QLD or something - or if you moved across town and had it empty or some such craziness

if your DP is studying, you're not working, you would probably be entitled to PPP at around $425 per fortnight, as well as max rate ftba (a bit of 160 per child) and part rate ftbb (as your parenting payment is deemed an income so reduced ftbb that you receive)