Sorry, I just came in to check my Christmas swap partners answers and saw this.
Our Christmas tree is already up. It is in our foyer 'lounge' room (doesn't get used as a lounge room though - just an oversized foyer). It is in a corner against a wall and the lower half of the staircase. We have one stocking that hangs off one of the rungs of the staircase. James' Christmas sack will probably go under the tree. James loves the tree and sometimes asks for the lights to go first thing in the morning..
I might post a picture on my blog.