Yourtown Prize Homes Hobart Guide 2024 - Win A Home

Q: How often does Yourtown run prize home draws in Hobart?

Yourtown typically conducts 2-3 major prize home draws per year featuring Hobart properties, usually valued between $800K-$1.5M. Draw schedules vary but commonly occur in March, July and November, with ticket sales running for 8-12 weeks prior to each draw date.

Q: What are the odds of winning a Yourtown Hobart prize home?

Odds depend on total ticket sales but typically range from 1 in 400,000 to 1 in 800,000 for major Hobart draws. Yourtown is required under Queensland gaming legislation to sell a minimum number of tickets before conducting each draw, ensuring fair odds for all participants.

Q: Do I pay tax on a Yourtown prize home win in Tasmania?

Prize home wins are generally tax-free under Australian tax law as they're considered windfalls, not income. However, any rental income or capital gains from subsequent sale of the property will be subject to standard ATO taxation rules including Tasmania's land tax provisions.

Q: Can I buy Yourtown prize home tickets online for Hobart draws?

Yes, Yourtown offers online ticket purchases through their official website with multiple payment options including credit card and PayPal. Online buyers receive digital confirmation and are automatically entered into the draw, with the same odds as traditional paper ticket holders.

Q: What happens if I win a Yourtown prize home but live outside Tasmania?

Winners can choose to keep the property as an investment, relocate to Tasmania, or sell the home and keep the proceeds. Yourtown provides winner support services including legal and financial advice to help navigate property transfer, interstate considerations and ongoing ownership obligations.

YourTown Prize Homes Hobart: Complete Guide to Tasmania's Premier Charity Home Draws

By Gary Oldman · 27 February 2026

Everything about YourTown's Hobart prize home draws - values, odds, tax implications, and why Tasmania properties offer exceptional lifestyle value.

Quick Answer: YourTown Hobart prize homes are valued at $1.8-3.2 million, with properties appreciating 45-60% since 2018-2019 vs 35-40% for mainland equivalents. YourTown's Hobart prize home draws feature luxury p Tasmania's capital has emerged as one of Australia's most sought-after lifestyle destinations, and YourTown's prize home draws have showcased some of Hobart's most spectacular properties over the past decade. With median house prices in greater Hobart reaching $672,500 in 2024—a 67% increase since 2019—winning a fully-furnished luxury home in this pristine island state represents extraordinary value for Australian prize home enthusiasts. YourTown (formerly BoysTown) has been conducting prize home lotteries across Australia for over three decades, raising more than $180 million for programs supporting at-risk youth. Their Hobart draws consistently rank among the most popular, combining the appeal of Tasmania's unique lifestyle with properties that showcase the island's natural beauty and architectural excellence. Photo by Mark Direen on Pexels Understanding YourTown's Hobart Prize Home Portfolio YourTown's Hobart prize homes have historically featured properties in the city's most desirable suburbs, including Sandy Bay, Battery Point, and Mount Wellington foothills. These draws typically showcase homes valued between $1.8 million and $3.2 million, significantly above the Tasmanian median but reflecting the premium locations and luxury appointments that make these properties exceptional. The charity strategically selects Hobart locations that demonstrate Tasmania's unique appeal: harbour views, heritage architecture, and proximity to both urban amenities and wilderness experiences. Recent YourTown Hobart draws have featured contemporary architect-designed homes with sustainable features, restored Federation-era mansions with period details, and modern coastal retreats that maximise the island's dramatic landscapes. What sets YourTown's Hobart offerings apart from mainland prize homes is the inclusion of Tasmania-specific lifestyle elements. Properties often feature wine cellars stocked with local vintages, outdoor entertainment areas designed for Hobart's cool-climate lifestyle, and architectural details that reference the