Custom made furniture.
Do you have a portfolio? Looking right now (in another window) for a girl's bed.

Just this morning I was looking at all these super cool beds and thinking "I wish I'd just mastered wood work at school and worked out of a shed somewhere making things that people really love and enjoy, with my hands, for myself, and I think I'd be really satisfied doing something like that." Honestly.

Custom Made Furniture is probably your best bet.

Check out Beachwood's shop, and their online content/catalogue. Avalon Parade, Avalon Beach (NSW).
www.beachwood.com.au/
Preferably get a website going also. But not essential.
Develop contacts with architects around Sydney. Their clients will always be looking for feature pieces for their new homes/extensions. It is common for people in Sydney to renovate with a budget of $500k, and then $10-15k on 2-5 pieces of custom furniture really finishes it off. Including custom built-in joinery units.

Also see stuff like this...
www.provincialhomeliving.com.au/

Solid Jarrah wood replacement limbs for people who are unfortunate enough to have their originals bitten off by a shark/ accident at work etc. You could offer custom sized arms with larger biceps to impress the chicks. Carbon fibre hinges at the elbow should eliminate any embarrassing squeaks.

Maple and Beechwood. Are they cheap woods?
$US4,500 (www.inquisitivekid.com/product.aspx?u=combination_walnut-maple)

For a Roman Catholic family:



Google: Kids bunk beds image
Some amazing stuff.

The panda is on to it, but you have to be individual. If you have young kids it won't work - the result will be a 'house hubby' and work will be an ideal that you thought you had the time to do.

Sex worker.........pays well with good back pay an add on's no tax,

pad it up with 417 visa workers, do it for peanuts[}:)]

Adolf mobile tattoo removals is not working from home . I've spent the last 10 yrs working by myself anyway so I would be alright at home & when kids come into shed if I tell them to grab a broom I don't see them for the rest of the day . Doc u give me recipes. I can do a perfect Indian accent & I use that when I ring & book times for jobs as I do heaps of work for Indians & its funny when a WASP turns up they always expect somebody else . The kids love it when I do it in the drive thru. I want 6 Mac flurrys in a hurry . And as I have no computer skills it might be an option . There is a lot of furniture on the market . Maybe I  should just take razor into shed & do bikini lines got compressor & spray guns could do fake tans as well

get on benefits? that's like working from home but like not working... and you got spare time to cook meth... Win-win

Its not being totally at home but perhaps you could make a living out of going to deceased estates sales and auctions. Then buying items you can either sell straight away for a profit or fix them up at home for a profit. Plenty of avenues to sell stuff, whether in shops or online. Most people nowdays are a bit sick of cheapo stuff made in China.

Other than that perhaps lining up supplies online from overseas and then selling them here online.

The idea of renovating caravans sounds like a pretty good one. There are plenty of old vans from the 70s and 80s that could be done up and probably sold for a reasonable amount of money.

Websites. Hear me out.

Yes I know every man and his firefox is doing it but it's all about the marketing. If you wanted a website tomorrow where would you look? And if I told you I know somebody who did mine for me and I'm really happy with it...? See? My first job out of uni was working in a garage with some guy and he had more work than he could do and he never advertised except at the bottom of sites he'd built. He was probably making $100K+ and that was in 2000. (He didn't even have a framework or template or anything more than a library of functions, which seemed odd to me and I couldn't talk him out of making custom sites, perhaps I was wrong)

I also got into a conversation with a taxi driver who was jail-breaking AppleTV 2s and setting them up with all the foreign channels for people. Again word-of-mouth and again more work than he could handle. He got two calls about it while he was driving me to the airport where he then offered me double what I paid for my ATV2 (because you can't buy them anymore and you can't jail-break the ATV3s).

There are little niche markets everywhere.

If you can work in your shed and make things like that bunk it can pay ,but it takes time to get up the business. you do need to put that unique twist on it and live in a city to keep the freight down and a local market ( maybe not with the internet.
youd have to work real hard on getting one job after the other finished and away.
also gonna have to keep up with the paperwork rather than leaving it to wifey.
however ,the next few years are gonna be so focused on the business, will you have time for doing stuff with the kids , so youll have to factor in strict times for them.
I always try to go and meet my kids at school when they are in primary, and try to involve them in projects for a little while after school. on weekend it is harder as you want to use that time for your latest project,
so there are sacrifices. but the rewards can be brilliant

like a miniwindsurfer that only a 11year old could sail

If it was that easy to work from home then we would all be doing it.

I started work at 14 but used to spend a lot of money on slow cars fat women, beer pot & the rest I wasted. Well they weren't all fat & racing motorbikes took a big chunk . I got an idea already built proto type didn't think anybody would b interested but apparently it solves the same problem I had so give me a bit of time & proto type 2 could b for sale & sell enough so that I can have sustainable businesses from shed maybe I hope

Forex trading.

You could try Forex which is best suited for home lifestyle work, but possibly you have also 95% chance to loose all your investment.
But with this 5% chances to succeed still better chances that Lotto and once mastered could replicate and repeat that success at will.