Thanks for the reply.

Its with Bendigo bank, and yes, at some point in the future i would be purchasing an owner occupied property. Whether its the next one, or the one after, i haven't decided yet.

So effectively what you're suggesting is that i pay interest only, and just put all my cash into the offset, while paying off none of the principal? Is that correct?

In terms of what amount to put down as a deposit, i was thinking 100-120k, and the rest straight into the offset.

Thanks