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elcome to a world where getting a first home in an Aussie capital city is a breeze, especially for the children of the rich and famous. These heirs and heiresses don't have to worry about dipping into their parents' retirement funds or sacrificing dining out and holidays.

    For some, their first pad won't be a tiny bedsit overlooking a freeway, but rather a grand property in Vaucluse or Kew. However, not all children of famous Aussies are born with a silver spoon in their mouth.

    Take Robert Irwin, for example. As the son of Steve Irwin, you might expect him to have inherited a fortune after his father's death. But that wasn't the case – his life insurance payout was only $200k, which went towards the Australia Zoo he and his sister Bindi will one day own.

    Justin Hemmes, on the other hand, is living large in a heritage-listed mansion worth around $200m in Sydney's Vaucluse. His parents paid cash for their first home back in 1975, and Justin has since done a multimillion-dollar revamp of the property.

    Anthony Pratt, the cardboard king, inherited control of Visy packaging from his late father and now resides in an Italianate mansion worth over $100m in Melbourne's Kew. He's also done extensive renovations to the property.

    Francesca Packer-Barham, granddaughter of Kerry Packer, has had a different experience. She bought her first apartment at 21 for $2.1m and sold it four years later for $500k more. Her next property was a $16m apartment in Sydney's Darlinghurst, which she sold last year for $27.5m.

    Not all children of famous Aussies are as fortunate. Christian Wilkins, son of Richard Wilkins, had to take a pay cut at Channel Nine and relied on his parents' help until he bought his first home at 25. Josh Penn, the son of Lowes Menswear CEO Linda Penn, has been given a head start in life with a string of properties, including a $16m mansion in Point Piper.

    Ryan Stokes, son of Seven West chairman Kerry Stokes, owns a string of properties and holds senior roles within his father's business empire. Jess Ingham, granddaughter of the late Jack Ingham, lives in a luxury apartment above John Laws in Woolloomooloo and has an eight-year-old daughter from her first marriage.

    Peter Holmes à Court, son of Robert Holmes à Court, is based in Kenya with his wife and five-year-old son, where they run a network of hotels and event spaces. Jackson Warne, the son of Shane Warne, has established business relationships with property tycoons like Tim Gurner and inherited almost all of his late father's $21m fortune.