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Daydream Island is one of seven islands of the Molle Group, a sub-group of the Whitsunday Islands in Queensland, Australia. The island is small, measuring 1 km in length and 400 m at its widest point. The highest point on the island is 51 metres above sea level.
There are two tourist resorts on the island: the original resort at the southern end and a newer resort at the north-eastern end. The original resort caters to day visitors and the newer resort, which opened in 1990, caters to overnight guests. Tourists from the mainland port of Abel Point Marina regularly visit the island.
It is owned by China Capital Investment Group as of March 2015.