Win $15.5M Dream Home Draw 432 — Caloundra, QLD prize home

Win $15.5M Dream Home Draw 432 — Caloundra, QLD prize home

Seize your chance at this $15.5 million Sunshine Coast Kingdom. An entire Kings Beach apartment complex plus $250K in gold included! Draw 432 tickets only $10.

Draw Details

Charity
Dream Home Art Union
Opens
Wednesday 22 April 2026 at 8:00 pm AEST
Closes
Wednesday 1 July 2026 at 8:00 pm AEST, unless sold out earlier
Drawn
Wednesday 8 July 2026 at 10:00 am AEST
Ticket Price
From $10 AUD per ticket. Ticket bundles available for better value.
Eligibility
Typically 18+; final rules are on Dream Home Art Union's official terms.
Country
Australia

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Win $15.5M Dream Home Draw 432 — Caloundra, QLD prize home

About This Prize Draw

Draw 432 of the Dream Home Art Union offers the principal prize of a complete luxury apartment complex valued at $15.5 million, located at 4/32 Warne Terrace, Caloundra, Queensland. The development sits on a hilltop position commanding unobstructed 180-degree views across the Coral Sea and the entire Caloundra coastline. This prize represents an entire residential complex rather than a single dwelling, comprising multiple self-contained apartments designed as premium coastal properties. The complex demonstrates clean architectural lines and deliberate integration of indoor and outdoor living spaces characteristic of contemporary Sunshine Coast design. Natural light enters through expansive floor-to-ceiling windows and glass sliding doors framing the water views, while the hilltop elevation ensures every resident benefits from uncompromised sightlines and cross-ventilation throughout the development. Each apartment within the complex features 3 bedrooms and includes designer bathrooms and powder rooms appointed with high-end fixtures and quality tiling. The open-plan living areas flow directly through to generous balconies that function as outdoor rooms, extending usable living space and capitalising on the spectacular coastal vistas. Gourmet kitchens are equipped with state-of-the-art appliances, with some units featuring butler's pantries to serve residents who prioritise cooking and entertaining. The kitchen design and appliance specification reflect the premium market positioning of the development, accommodating both private residents and investors targeting the luxury rental demographic. These interior specifications signal the overall calibre of the complex, where finishes and functionality align throughout each apartment. The rooftop terrace serves as the principal shared amenity within the complex, functioning as an entertainment precinct that elevates the property beyond standard apartment living. This expansive outdoor space includes a dedicated outdoor kitchen, multiple living zones, and a spa, allowing residents to entertain while surrounded by the 180-degree views. The rooftop transforms the complex into a property that offers resort-style amenities within an inner-complex setting. This shared facility extends the value proposition across all apartments, with residents able to utilise premium entertainment infrastructure as part of their ownership or tenancy. The design of the rooftop demonstrates the architect's intention to create destination-level living rather than basic residential accommodation. Parking and accessibility infrastructure include 10 secure basement parking spots plus one visitor space, with an elevator system connecting the basement carpark directly to the penthouse level. This integrated vertical transport ensures residents and guests move seamlessly between vehicle parking and living areas without exposure to weather or security concerns. The basement carpark configuration indicates the complex has been engineered to prioritise convenience and operational efficiency for residents managing multiple vehicles. The elevator access from basement to penthouse demonstrates the development's commitment to practical luxury, where premium pricing is reflected in functional infrastructure as well as aesthetic finishes. These logistical features are particularly relevant for investors considering property management and tenant satisfaction across the complex. Caloundra occupies the northern end of the Sunshine Coast in Queensland, approximately 85 kilometres north of Brisbane. The suburb is recognised for its established beachside character, with Kings Beach and Bulcock Beach providing direct public beach access within walking distance of the property. The area attracts a demographic of retirees, young families, and investors seeking established coastal communities with established schools, shopping precincts, and healthcare facilities. Caloundra's population stability and consistent demand from domestic buyers and renters underpin the rental and capital growth potential of residential property in the suburb. The hilltop location of this complex positions it above the general beachside sprawl, capturing views and elevation that command pricing premiums over standard beachside apartments. The prize package includes the apartment complex valued at $15.5 million as the principal prize. The draw also includes gold bullion valued separately at $525,736. These two prizes are distinct components of the overall draw, with the property and the gold bullion awarded as separate elements to the winning ticket holder. No other vehicles, furnishings, or cash alternatives are specified in the draw structure. Winners are responsible for obtaining independent taxation and financial advice regarding the treatment of multiple prize components for their personal circumstances. Dream Home Art Union, operating under the history of RSL Art Union since 1957, directs lottery proceeds toward the welfare, rehabilitation, and commemorative programs of returned servicemen and women and their families through RSL Queensland. Every ticket purchased contributes directly to these veteran support initiatives, meaning participation in Draw 432 aligns ticket cost with charitable funding for the veteran community. The organisation operates under a Queensland Charitable Gaming licence, ensuring compliance with state legislation governing lottery conduct and prize administration. RSL Queensland utilises lottery funding to sustain services that extend beyond immediate welfare into long-term rehabilitation, housing assistance, and commemorative activities honouring service and sacrifice. From an investment perspective, the apartment complex presents several considerations distinct from single-residential properties. A 12-bedroom, 10-bathroom multi-unit development generates revenue potential across multiple tenancy streams, diversifying occupancy risk across several apartments rather than relying on a single tenant or owner-occupier. The premium positioning of the complex, evidenced by 180-degree views, rooftop amenities, and gourmet kitchens, positions it within the luxury rental market segment where nightly rates and seasonal letting can achieve higher returns than standard residential markets. The Caloundra location benefits from consistent interstate and international tourism, providing a seasonal lettings market alongside long-term tenancy options. Capital growth prospects in established Sunshine Coast beachside suburbs have historically tracked above inflation, supported by limited supply of premium beachfront and hilltop residential property. A winner evaluating the complex as an investment asset would benefit from professional appraisal of current rental performance, occupancy rates, and forward market projections specific to the Caloundra luxury apartment market. Tickets for Draw 432 are priced at $10 per ticket, with the draw closing on Wednesday, 1 July 2026 at 8:00 PM AEST and the draw date scheduled for Wednesday, 8 July 2026 at 10:00 AM AEST. Eligibility is limited to Australian residents aged 18 years and over. Ticket holders have the opportunity to acquire a stake in a $15.5 million property asset while contributing to charitable support for the veteran community through RSL Queensland's programs and initiatives.

About the Location

The Dream Home Art Union Draw 432 prize home is in Caloundra , QLD (Queensland). The main prize is valued at about $15,500,000 and is run by Dream Home Art Union under Australian lottery regulations. Use the map and suburb notes on this page as an overview — the operator’s official materials carry the authoritative address, boundaries, and inclusions. Compare other draws in this state via prize homes in QLD , see closing-soon draws , or use the odds calculator to benchmark ticket value.

Frequently Asked Questions

When is AU432 winner drawn?
The winner will be drawn at 10am AEST on Wednesday, 8 July 2026.
Where is the prize home located?
'Vaucluse' 1-4/32 Warne Terrace, Caloundra QLD 4551
What are the views of?
Ocean Views
Does the property have air-conditioning?
Yes, ducted reverse cycle air conditioning.
Does the property have security?
Yes, cameras and fob/remote access.
Does the property have car parking?
Yes, it has 10 secure basement parking spots plus 1 visitor space.
What is the annual estimated rental return?
The current estimated valuation for rental income per annum is $265,200.
How do I find out if I'm a winner?
After each draw, we attempt to contact the winner by phone as the priority. The winning ticket number will also be posted on our Winners page, Facebook and Instagram shortly after the draw.
Do I have to pay tax on the first prize if I win?
The transfer of all our lottery prizes to prize winners is not taxable for the prize winner. There may be tax consequences for the prize winner for the ongoing use or sale of the prize. More detailed information can be found via the Australian Taxation Office. Please note RSL Queensland is not able to provide financial or taxation advice. We advise all our prize winners to seek professional financial and tax advice to fully understand any implications.
What does my contribution to Dream Home Art Union go towards?
Each ticket sold continues to support veterans and their families across Queensland and nationally through advocacy, employment and wellbeing programs, helping veterans build new beginnings as they transition out of service. In 2025, RSL Queensland supported thousands of veterans and their families through a range of impactful services and programs to help in real and meaningful ways. RSL Queensland’s mission is to provide care, commemoration and camaraderie to enable veterans and families to live with dignity and respect. In 2025 alone, RSL Queensland supported 7,563 veterans and their families, submitted 5,293 DVA claims and appeals, helped house 227 veterans and their families, and secured 267 jobs for veterans and their partners. Your support makes this vital work possible. Learn more at Our Impact.