The key issue would likely be whether or not you are carrying on a business.
To be eligible for the investment allowance the asset needs to be a new asset, depreciable under Division 40, purchased primarily for use in a business carried on in Australia.
A new motor vehicle would qualify as an eligible asset. If you are carrying on a business as a real estate agent you should be eligible. However if you are employed by a real estate agent and using your vehicle for work related purposes in addition to be for private use then this likely would not qualify.
You should check your position with your accountants who would be aware of whether or not you are carrying on a business, within the terms of taxation definitions.
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