Amid growing demand for prime grazing country and record cattle prices, investment banker David Williams added another 470 hectares to his cattle property on Melbourne’s northern fringe, which is leased to renowned wagyu beef pioneer David Blackmore.

Mr Williams, founder of corporate advisory firm Kidder Williams and currently advising Roc Partners in its takeover bid for Vitalharvest, paid $17.5 million for the 1392-hectare Fairfield property in the Darraweit Guim area near Romsey in 2018 when he acquired it with his wife Angela from the Bright family.