Yourtown Prize Homes Melbourne Guide 2024 - Win A Home

Q: How much do Yourtown Melbourne prize home tickets cost?

Yourtown Melbourne prize home tickets typically cost between $15-50 per ticket, with significant discounts available for multi-ticket purchases. Book packs of 10 tickets often provide 20-30% savings, while early bird specials can offer additional value. All proceeds support Yourtown's youth programs across Victoria.

Q: When are Yourtown Melbourne prize home draws held?

Yourtown typically conducts 4-6 Melbourne prize home draws per year, with major draws usually held in March, June, September and December. Draw dates are set approximately 3-4 months in advance and conducted under Victorian gaming regulations. All draws are independently audited and broadcast live online.

Q: Do I pay tax on Yourtown prize home winnings in Victoria?

Prize home winnings are generally not subject to income tax under ATO guidelines, as they're considered windfalls rather than income. However, if you sell the property, capital gains tax may apply from the date you received it. Winners should consult a tax professional for personalized advice on their specific circumstances.

Q: What happens if I win a Yourtown Melbourne prize home but live interstate?

Interstate winners can absolutely claim Yourtown Melbourne prize homes, with many choosing to relocate, rent out the property, or sell it. Yourtown provides comprehensive winner support including legal assistance, property handover coordination, and connections to local real estate professionals. All transfer costs and initial council rates are typically covered by Yourtown.

Q: How does Yourtown select Melbourne prize home locations and properties?

Yourtown carefully selects Melbourne prize homes based on market appeal, growth potential, and accessibility to amenities like transport, schools and shopping. Properties are professionally valued and often located in sought-after suburbs like Bayside, Eastern suburbs, or emerging growth corridors. Each home is fully furnished and styled by professional interior designers.

YourTown Prize Homes Melbourne: Complete Guide to Victoria's Premier Charity Property Draws

By Gary Oldman · 27 February 2026

Comprehensive guide to YourTown Melbourne prize homes. Current draws, odds, costs, tax implications & winner insights. Enter luxury property draws today.

Quick Answer: YourTown Melbourne prize homes feature $1.8-4 million properties in premium suburbs, with odds of ~1 in 300,000 (150x better than Powerball) and ticket prices at $15 each. YourTown's Melbourne prize When YourTown announced their latest Melbourne prize home draw featuring a $2.8 million contemporary residence in Brighton East, tickets sold out within six weeks. This isn't unusual for YourTown's Victorian draws, which consistently feature some of Australia's most desirable metropolitan properties and attract buyers from across the country seeking both luxury real estate and the chance to support youth homelessness services. YourTown, formerly known as BoysTown, has been operating prize home lotteries for over three decades, raising more than $400 million for disadvantaged young people across Australia. Their Melbourne draws have become particularly sought-after, featuring premium properties in suburbs like Toorak, South Yarra, and Brighton, with values typically ranging from $1.8 million to $4 million. Photo by Masihullah Mobin on Pexels Understanding YourTown's Melbourne Prize Home Program YourTown operates under Queensland's Charitable and Non-Profit Gaming Act, allowing them to conduct nationwide lotteries despite being based in Brisbane. This legislative framework enables them to offer prize homes across all Australian states, with Melbourne properties consistently ranking among their most popular offerings. Unlike commercial property developers, YourTown's primary mission focuses on supporting at-risk youth through accommodation services, education programs, and family support initiatives. The organisation typically runs 8-12 prize home draws annually, with 2-3 featuring Melbourne properties. Each draw follows a structured timeline: property acquisition and styling (3-4 months), marketing and ticket sales (12-16 weeks), and the draw itself conducted under strict regulatory oversight by the Queensland Office of Liquor and Gaming Regulation. Winners receive full legal ownership of the property, including all furnishings and styling elements showcased during the marketing period. Melbourne draws generate particularly strong interest due to