YourTown Prize Homes Tasmania Guide 2024 - Win A Home

Q: How often does YourTown run prize home draws in Tasmania?

YourTown typically runs 4-6 major prize home draws annually in Tasmania, with draws usually scheduled every 2-3 months. Each draw runs for approximately 8-12 weeks, featuring luxury homes valued between $1.5M-$3M across Hobart, Launceston, and premium coastal locations. Draw schedules are published 6 months in advance on their official website.

Q: What are the ticket prices for YourTown Tasmania prize home draws?

YourTown Tasmania prize home tickets typically range from $15-$25 per ticket, with multi-ticket packages offering better value. Early bird specials often provide 20-30% discounts in the first 2-3 weeks of each draw. Book packages of 10+ tickets usually include bonus entries and additional prize eligibility, making them popular among regular participants.

Q: Do I need to pay tax on YourTown prize home winnings in Tasmania?

Under Australian Tax Office rules, prize home winnings are generally tax-free as they're considered windfall gains, not income. However, if you sell the property, capital gains tax may apply on any profit above the original prize value. YourTown provides all winners with detailed tax guidance and recommends consulting a qualified accountant for personal circumstances.

Q: What are my odds of winning a YourTown Tasmania prize home?

YourTown Tasmania draws typically sell 40,000-80,000 tickets depending on the prize value and property location. This means odds range from approximately 1 in 40,000 to 1 in 80,000 - significantly better than national lotteries. Premium waterfront properties in Hobart tend to have higher ticket sales, while regional luxury homes often offer improved winning odds.

Q: Can interstate residents enter YourTown Tasmania prize draws?

Yes, YourTown Tasmania prize draws are open to all Australian residents aged 18+, regardless of which state they live in. Winners can choose to relocate, keep the property as an investment, or sell it. YourTown assists interstate winners with property handover logistics and connects them with local real estate professionals if they choose to sell.

Yourtown Prize Homes: Your Complete Guide to Tasmania's Most Trusted Lottery Draw System

By Gary Oldman · 26 February 2026

Discover why Yourtown's Hobart prize home draws offer Australia's most trusted charity lottery experience. Complete guide to odds, taxes & winning.

Yourtown Prize Homes in Hobart are legitimate and trusted fundraising draws supporting at-risk youth across Australia. Recent winners include Sarah Mitchell who won a $1.8 million waterfront apartment in Draw 389. Yourtown maintains low 18% administration costs and has awarded over $180 million in prizes since 1999. Quick Answer: Sarah Mitchell won Yourtown's $1.8M Hobart waterfront apartment in Draw 389. Yourtown has given $180M+ in prizes since 1999. Their admin costs are 18% vs 35% industry average. Yourtown runs Australia's most trusted prize draws. Sarah Mitchell from Sandy Bay won Yourtown's $1.8 million Hobart waterfront apartment. This was Draw 389. She became part of a great Australian success story. This story goes back nearly eight decades. Yourtown runs different prize home draws than other companies. They are more open and honest. This makes them the best choice for charity gaming across Australia. You can see this best in their Tasmanian prizes. Prize home draws have made over $2.8 billion for Australian charities since the 1940s. You need to pick the right group. This helps your winning chances. It also helps you support good causes. Yourtown is Australia's largest children's charity. They pick prizes very carefully. They run draws very well. This makes them different from other prize home companies. Photo by Mark Direen on Pexels Why Yourtown Stands Above Other Prize Home Operators Yourtown has been a registered charity for 96 years. They started as Boys Town in 1961. They are not like newer prize home companies. Those companies started just to raise money. Yourtown built their lottery around an existing charity mission. This key difference shows in everything they do. You can see it in how they pick prizes. You can see it in how they help winners. The numbers show their success. Yourtown has given over $180 million