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Mike Gatting, England's last captain to beat Australia, says Michael Vaughan's men still have one challenge left - to beat Australia in Australia.
And Gatting, who led England to victory down under in 1986/87, says the current side has the tools to win in 2006/07.
"Beating the Aussies is a wonderful thing but there's an experience the guys haven't had before and that's beating Australia in their own country.
"These guys haven't had that yet but I think they can do it," said Gatting.
England's Ashes heroes on Tuesday enjoyed an open-topped bus parade around London, visiting Trafalgar Square, Downing Street and Lord's.
The celebrations carried on from the final day at The Oval, where England sealed a draw to take the Ashes series 2-1.
Opening batsman Marcus Trescothick admitted he had not thought at the start of the series that England would be able to beat the world's top-ranked team.
"We've done a lot in the last two years but I didn't think we were quite ready to do what we have done in this series," he said.
"To appear in an Ashes series and to win it is difficult to put into words.
"Only when we all head home will we finally get a chance to realise what we've achieved."
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If they go to Australia in 18 months time having won all the series they've played, then clearly they're going to go with a great deal of confidence
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England have just six weeks off before beginning a tour of Pakistan, and they visit India after Christmas before facing Sri Lanka and Pakistan again at home next summer.
Chris Broad, who was part of Gatting's glorious Ashes tour 18 years ago, believes England can build the necessary momentum to win in Australia.
But he still believes it will be tough against a side that could use the next 18 months to rebuild.
"What England have got to do is continue to win. They've got a big winter with Pakistan and India," Broad told BBC Sport.
"If they go to Australia in 18 months time having won all the series they've played, then clearly they're going to go with a great deal of confidence.
"But you've still got to go out there and play."
With the Academy system that England now have in place, Broad believes England now have the structure to supply players ready for the Test team.
"Australia won't ever be a bad side. They're always going to find good young batsmen and bowlers to come in," he added.
"So we've got to do the same.
"We've got to keep the string of young players developing so that when the likes of Freddie, Trescothick and Vaughan move on, the next crop come in and do as good a job."