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.

YourTown's top Hobart prize homes include luxury properties valued at $1.8-3.2 million, featuring waterfront locations, modern architecture, and premium finishes. Recent draws have showcased homes in Battery Point, Sandy Bay, and Mount Wellington areas, offering winners prime real estate in Tasmania's rapidly appreciating capital city market. Quick Answer: YourTown Hobart prize homes cost $1.8-3.2 million. They have grown 45-60% since 2018-2019. Mainland homes only grew 35-40%. YourTown's Hobart prize home draws show luxury homes. Tasmania's capital is now one of Australia's top lifestyle spots. YourTown's prize home draws show some of Hobart's best homes. This has happened over the past ten years. House prices in Hobart hit $672,500 in 2024. This is 67% more than in 2019. Winning a luxury home here gives great value to Australian prize home fans. YourTown used to be called BoysTown. They have run prize home draws across Australia for over 30 years. They raised more than $180 million for programs that help at-risk youth. Their Hobart draws are among the most popular. They mix Tasmania's unique lifestyle with homes that show the island's natural beauty. Photo by Mark Direen on Pexels YourTown's Hobart Prize Home List YourTown's Hobart prize homes are in the city's best suburbs. These include Sandy Bay, Battery Point, and Mount Wellington foothills. The draws show homes worth between $1.8 million and $3.2 million. This is much more than the Tasmanian average. But it shows the great locations and luxury features that make these homes special. The charity picks Hobart locations that show Tasmania's unique appeal. These include harbour views, old buildings, and closeness to city life and wilderness. Recent YourTown Hobart draws have shown modern homes designed by architects. They have green features. They also show old Federation-era mansions with period details. Plus modern coastal retreats that make the most