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I'd be starting early. Say 5-10 years before you get to that point, start moving a couple hundred k into shares, bonds, etc. Resi ips isn't the highest yielding asset class around. I see this as part of the long term plan. You don't get to 5m property and 50% LVR and suddenly decide to go for...

If you had 2.5m equity, surely you could generate 100k a year in income.

It wouldn't last very long. How much return would you be getting in 10 years? Probably about 600 a week. What about 20, 30, 50 years? Inflation will kill you. The younger you are the more growth you're going to need because you're battling inflation over a longer period. In your example, I know...

You could just draw the loc in full and put it into an offset account. That would make it harder / less likely the money is cancelled. In the last couple of years, we've seen pure asset-based lending change significantly in terms of lvr and interest rates. If you, for example, start your loe...