Wot Mick said. Talk to you FP/ & or accountant.
Alexander Downer was able to get the law changed a few years ago about the 20 year rule in that,( & don't quote me word for word) that if you have lived on your acres for 20 years, the excess over the five acres that the house sits on becomes part of your home & is not included in Centrelink calcs.
I think from memory it was called "The 20 year Law/rule etc" but could be otherwise named in your neck of the woods.
It was brought in because many older landholders Gardeners etc, planned on using their land as Superannuation but were prohibited from doing so. Mick may be able to expand on this as it is too long a go for me to recall the details & I would hate to give you false info.
Alexander Downer was then our Local MP & the fight for this change was taken up by Local gardeners etc.
I repeat, Talk to your FP &/or Accountant.
We have both got Health cards & 10 acres (4. summat Ha) not rolling in it but comfortable, & IMHO it really is a matter of who processes your claim & the brand of aftershave you use & whether you wear Tan or Black shoes. We had no probs with CL & the claim went through without a prob, but our FP does his job well.

