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This analysis uses ABS Statistical Areas Level 2 (SA2) boundaries, which can materially differ from Suburbs and Localities (SAL) even when sharing similar names.
SA2 boundaries are defined by the Australian Bureau of Statistics and are designed to represent communities for statistical reporting (e.g., census and ERP).
Suburbs and Localities (SAL) represent commonly-used suburb/locality names (postal-style areas) and may use different geographic boundaries. For comprehensive analysis, consider reviewing both boundary types if available.
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ABS ERP | -- people | --
2021 Census | -- people
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Caboolture - West has an estimated 15,547 residents, up from 12,165 at the 2021 Census — a change of 3,382 people, or 27.8%. Growth has averaged 4.1% a year over five years, faster than 94% of areas nationally. 807 new addresses have been validated here since Census night. Interstate and internal migration accounts for 78.2% of that increase. That puts 632 residents on each square kilometre. Population is estimated from ABS Estimated Resident Population releases and GNAF address data, re-based from the 2021 Census and updated annually.
Detail
According to research conducted by AreaSearch, the population of Caboolture - West stands at approximately 15,547 as of May 2026. This represents a growth of 3,382 residents (27.8%) relative to the 2021 Census, which recorded 12,165 people. This demographic change is calculated using the ABS June 2025 estimated resident population of 14,884 alongside 807 validated new addresses identified after the Census. The resulting population density is 632 persons per square kilometer, indicating a low-density environment with substantial room for future expansion. The local growth rate of 27.8% since the 2021 census outpaced the national average (9.3%) as well as the state average, positioning the area as a regional growth leader.
The primary driver of this population growth was interstate migration, which accounted for roughly 78.2% of the total demographic gains in recent times. Projections for each SA2 region are based on 2024 releases from the ABS and Geoscience Australia using 2022 as the baseline year. For SA2 territories not covered by these datasets, or for periods extending past 2032, projections from the Queensland State Government released in 2023 (using 2021 baseline data) are utilized. Because these state-level projections lack breakdowns by age, AreaSearch distributes age cohort growth proportionally based on the 2023 ABS Greater Capital Region projections (using 2022 baseline data). Looking forward, the population is projected to experience growth placing it in the top national quartile, with the locality forecast to add 3,927 residents by 2041 compared to the most recent annual ERP data, representing a total increase of 21.0% over the 16 years.
Frequently Asked Questions - Population
821 new dwellings have been approved in Caboolture - West over the past five years, an average of 164 a year. That places the area in the 96th percentile for residential development activity nationally, about 11 approvals per 1,000 residents a year. Of the 127 dwellings approved in the latest reporting year, 82% were detached houses and the rest townhouses or apartments. Approvals are currently running at an annualised 245, running ahead of that longer-run average. Figures come from ABS building approvals aggregated to this SA2 boundary and are updated monthly as the ABS releases them.
Detail
The locality of Caboolture - West has averaged approximately 164 new residential approvals annually, with 821 dwellings approved during the 5 financial years from FY-21 to FY-25, and 225 approvals registered so far in FY-26. Given that 3.3 people relocated to the district for every new home built during the 5 financial years from FY-21 to FY-25, residential supply is lagging behind demand, a scenario that typically intensifies buyer rivalry and elevates prices. Newly built properties show an average value of $267,000, aligning with broader regional trends. Furthermore, commercial approvals totaling $7.8 million have been logged this financial year, highlighting the predominantly residential nature of the district.
Caboolture - West exhibits per capita development activity comparable to Greater Brisbane, keeping local supply and demand dynamics in line with the wider metropolitan region. This construction rate is substantially higher than the national baseline, reflecting robust developer confidence in the area. Current building patterns favor detached houses, which make up 82.0% of new activity, while attached dwellings comprise 18.0%, preserving the low-density landscape and catering to purchasers seeking spacious living. With approximately 106 residents per dwelling approval, Caboolture - West displays typical growth corridor dynamics. According to demographic forecasts, Caboolture - West is set to add 3,264 residents by 2041 relative to the most recent quarterly estimate from AreaSearch. If current building rates persist, residential supply should prove sufficient to accommodate this growth, offering favorable conditions for purchasers and potentially paving the way for expansion that surpasses current projections.
Frequently Asked Questions - Development
Development applications around Caboolture - West
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| Lodged | Address | Description | Type | Distance | Status |
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SOURCE: Planning portals and council registers, compiled by AreaSearch. Distance & bearing measured from the suburb midpoint.
AreaSearch tracks 6 current infrastructure and development projects inside Caboolture - West, worth an estimated $592 million. A further 127 sit in the immediately surrounding suburbs, taking the tracked pipeline within reach of the area to $104.5 billion. 49 are already under construction and 51 are due for completion within three years. The pipeline spans communities, precincts & urban renewal, residential development and transport & logistics. Records are compiled from Infrastructure Australia, state agencies, council planning portals and public announcements, reviewed and updated daily, then ranked by proximity, construction stage, completion horizon and project scale.
Detail
The trajectory of a locality is heavily shaped by changes to municipal infrastructure, major development works, and urban planning schemes. AreaSearch has identified a total of 38 projects poised to influence the district. Prominent initiatives include the D'Aguilar Highway Upgrade (Bellmere Section), Caboolture River Parklands Development, Moreton Bay Regional Council Caboolture Hub, and Eden Academy Caboolture, with details of the most significant works listed below.
Professional plan users can use the search below to filter and access additional projects.
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Frequently Asked Questions - Infrastructure
Moreton Bay Regional Council Caboolture Hub
A major civic and cultural precinct development in central Caboolture, featuring new council chambers, library, performing arts centre, community facilities, public spaces, and mixed-use commercial development. Designed to revitalize the Caboolture CBD.
D'Aguilar Highway Upgrade (Bellmere Section)
The project involves safety and capacity investigations for the D'Aguilar Highway corridor near Bellmere. Key focus areas include highway widening, intersection improvements, and the installation of wide centre line treatments to improve traffic flow and safety for the growing Moreton Bay community. As of 2026, TMR continues to evaluate network safety planning to address high-risk locations and support regional freight and commuter connectivity.
Caboolture River Parklands Development
Linear parkland development along 3.2km of Caboolture River frontage featuring walking and cycling paths, picnic areas, playground facilities, river access points, and native vegetation restoration. Connects existing parks and provides recreational corridor through urban area.
D'Aguilar Highway Safety Improvements
Series of safety improvements along D'Aguilar Highway from Caboolture to Yarraman including centre line barriers, overtaking lanes, and intersection upgrades
Eden Academy Caboolture
State-of-the-art childcare and kindergarten centre with 7 activity rooms, 2 outdoor play areas, and 887 sqm gross floor area. Offers nurturing environments for children aged 0-5, exceeding National Quality Framework standards through play-based learning, weekly yoga, daily educational incursions, in-house prepared meals, take-home meals, family lending library, parent app for updates, and school readiness program.
GemLife Elimbah
A $428 million over-50s community featuring 404 homes in a gated development. The 26-hectare site at 38 Atherton Rd, will include 8.2 hectares of green space and a conservation area bordering a nature and recreation reserve. There will be $20 million of facilities, including a country club with a ballroom, virtual golf, wellness room, summer house and pool.
Bellmere Shopping Centre Expansion
Planned expansion and evolution of the approved Bellmere local shopping centre to provide additional retail tenancies, food and dining offerings, services and community-focused facilities supporting rapid population growth in the Bellmere and Waraba growth corridor.
The Sanctuary Bellmere
Boutique acreage lifestyle estate in Bellmere, offering large residential lots with a focus on a natural bushland setting and proximity to the Caboolture River. Based on the developer's original website and other sources, the project appears to be completed or nearing completion with final stages released/sold out.
6,269 residents of Caboolture - West are employed, from a labour force of 6,828. Unemployment sits at 8.2%, with participation at 56.9%. Weighted for its industry mix, the area's sectors are forecast to grow about 6.2% nationally over five years. That reflects industry composition only and makes no allowance for local population growth, so in an area growing as fast as this one it understates the likely rise in local jobs. Unemployment and labour force come from ABS Small Area Labour Markets, updated quarterly; the industry and occupation profile is from the 2021 Census.
Detail
The workforce in Caboolture - West is evenly split between white-collar and blue-collar occupations, with the construction sector showing strong representation. The area has an unemployment rate of 8.2%, and estimated employment growth reached 3.6% over the preceding year. As of March 2026, the employed resident population stands at 6,269, while the unemployment rate sits 3.9% higher than the Greater Brisbane benchmark of 4.3%. Labor force participation is also relatively low, recorded at 56.9% compared to 70.4% in Greater Brisbane. Based on Census returns, only 10.3% of workers operated from home, though this figure may have been influenced by COVID-19 pandemic restrictions.
Most working residents are employed in health care & social assistance, construction, and retail trade. The agricultural, forestry, and fishing sector is heavily represented, with employment density at 5.1 times the regional average. Conversely, professional & technical services have a minimal footprint, accounting for 3.5% of jobs compared to 8.9% across the wider region. Although local jobs are available within the district, comparison of the Census working population against the local resident base suggests a high volume of residents travel outside the area for employment. An analysis of SALM and ABS statistics by AreaSearch shows that during the 12 months ending March 2026, the number of employed residents rose by 3.6% while the local labor force expanded by 5.0%, leading to a 1.2 percentage point rise in the unemployment rate. Over the same timeframe, Greater Brisbane saw employment expand by 3.2% and the labor force grow by 3.4%, with its unemployment rate rising by 0.1 percentage points. Future labor demand in Caboolture - West can be contextualized using the national employment projections released by Jobs and Skills Australia in May-25. These five and ten-year forecasts have been applied to the local workforce structure to model future growth trends. Nationally, employment is predicted to grow by 6.6% over five years and 13.7% over ten years, though rates vary widely by industry. Projecting these industry trends onto the occupational mix of Caboolture - West suggests local employment will rise by 6.2% over five years and 13.1% over ten years, representing a basic weighted extrapolation that does not account for localized population growth forecasts.
Frequently Asked Questions - Employment
Median household income in Caboolture - West is $1,300 a week (about $68,000 a year), with median personal income at $619 a week. ATO records put median taxable income at $47,832 a year against an average of $54,264. Household income is from the 2021 Census; taxable income is from ATO Taxation Statistics for the latest financial year available, indexed forward using the ABS Wage Price Index.
Detail
Taxpayer income data at the postcode level, compiled by AreaSearch for the 2023 financial year, indicates a median income of $47,832 and an average of $54,264 in the Caboolture - West SA2. These figures are below national benchmarks, contrasting with Greater Brisbane where the median and average incomes stand at $58,236 and $72,799 respectively. Adjusted for Wage Price Index growth of 11.36% since the 2023 financial year, current estimates point to a median income of approximately $53,266 and an average of $60,428 as of March 2026. According to Census data, household, family, and individual incomes in Caboolture - West sit between the 14th and 20th percentiles nationally.
The most prominent weekly household income tier is $1,500 - 2,999, containing 30.7% of the population (4,772 residents), which aligns with the regional distribution of 33.3% in this bracket. Financial pressures related to housing are significant, with residents retaining only 81.0% of their income, which ranks in the 17th percentile.
Frequently Asked Questions - Income
Caboolture - West had 4,297 occupied dwellings at the 2021 Census, 83% detached houses and 2% apartments. 40% are owned with a mortgage, 34% rented and 26% owned outright. At that Census the median rent was $300 a week and the median mortgage repayment $1,560 a month. Rent absorbs 23.1% of household income here and mortgage repayments 27.7%. Dwelling stock, tenure and housing costs are 2021 Census measures — the only source that counts dwellings at this boundary size.
Detail
Data from the latest Census shows that the housing stock in Caboolture - West consisted of 83.3% standalone houses and 16.7% alternative housing types, such as semi-detached homes, apartments, and other dwellings. In comparison, the Brisbane metropolitan area recorded 73.5% standalone houses and 26.5% other dwelling types. The home ownership rate in Caboolture - West was 25.7%, matching the Brisbane metro average, with the remaining residential properties occupied by mortgage holders (40.4%) or tenants (33.9%). The median monthly mortgage payment of $1,560 was below the Brisbane metro average of $1,863, and the median weekly rent of $300 was lower than the Brisbane metro average of $380.
On a national scale, mortgage payments in Caboolture - West are notably lower than the Australian average of $1,863, while weekly rental rates sit well below the countrywide average of $375.
Frequently Asked Questions - Housing
Caboolture - West counted 4,297 households at the 2021 Census, an estimated 5,492 today, averaging 2.6 people each. 28% are couples with children, against 25% couples without children. 28% of households are people living alone, and families average 1.9 children. Household and family composition is measured only by the Census, so these are 2021 figures.
Detail
Families make up the majority of households at 68.7%, consisting of couples with children at 27.9%, couples without children at 25.2%, and single-parent households at 14.5%. The remaining 31.3% consists of non-family households, which are divided into single-person households at 27.7% and group housing setups at 3.5%. The average household occupancy rate is 2.6 residents, matching the metropolitan Brisbane average.
Frequently Asked Questions - Households
11.9% of adults in Caboolture - West hold a university qualification, including 8.9% with a bachelor degree and 1.5% with postgraduate qualifications. A further 33.6% hold a vocational qualification. 11 schools serve the area, with 3,283 enrolment places and an average ICSEA of 962 against a national benchmark of 1,000. Qualifications come from the 2021 Census; school enrolments, ICSEA and results come from ACARA's current release.
Detail
The region shows lower levels of tertiary education, with university qualification rates at 11.9%, well below the Greater Brisbane benchmark of 30.5%. This gap highlights an opportunity for targeted academic programs. Bachelor degrees represent the most common higher education credential at 8.9%, followed by postgraduate degrees (1.5%) and graduate diplomas (1.5%). Vocational and technical training is highly prevalent, with 44.3% of residents aged 15+ holding a vocational qualification, consisting of advanced diplomas (10.7%) and certificates (33.6%). Enrolment rates are high throughout the area, with 29.4% of the population actively participating in academic programs.
This cohort is divided into primary education at 11.2%, secondary education at 9.1%, and tertiary courses at 2.9%.
Frequently Asked Questions - Education
Schools Detail
Public transport in Caboolture - West reaches 55 stops on 80 routes, timetabled for about 2,400 services a week. The typical home sits about 640 m from its nearest stop. Buses carry the largest share of public transport commuters. Households keep an average of 1.4 vehicles. Stop and service counts are built from operators' published GTFS timetables and refresh with each timetable release; vehicle ownership is from the 2021 Census.
Detail
Analysis of the local transit network shows 55 active public transport stops in Caboolture - West, consisting of a combination of train stations and bus stops. These stops are connected to 80 separate routes, which support a total of 2,442 weekly passenger journeys. Public transport accessibility is classified as limited, with residents living an average of 637 meters from their nearest transit stop. Given the residential nature of the community, commuting is common, with private vehicles serving as the primary transport mode for 90% of workers. Household vehicle ownership averages 1.4 vehicles per dwelling.
A lower proportion of residents, at 10.3%, worked from home, according to the 2021 Census, which may reflect the pandemic circumstances of the time. Service frequency across all local transit routes averages 348 trips daily, translating to approximately 44 weekly trips servicing each individual stop.
Frequently Asked Questions - Transport
Transport Stops Detail
58.5% of residents in Caboolture - West report no long-term health condition, a less healthy profile than 96% of areas nationally. 10.1% need daily assistance with core activities, and 46.8% hold private health cover. The standardised death rate runs at 9.1 per 1,000 residents. Health conditions, assistance needs and insurance are 2021 Census measures; the death rate comes from current ABS releases.
Detail
Health analysis by AreaSearch points to notable medical concerns in Caboolture - West, based on local mortality statistics and the prevalence of chronic illnesses across both younger and older demographics. The rate of private health insurance coverage is low, with approximately 47% of the population (~7,275 people) holding cover, compared to 55.8% in Greater Brisbane and a national average of 55.7%. The most prevalent diagnosed conditions in the area are mental health challenges and arthritis, which affect 11.1% and 10.7% of residents respectively. Meanwhile, 58.5% of the population reported no chronic health conditions, compared to 69.2% across Greater Brisbane.
The working-age cohort exhibits elevated rates of chronic illnesses. Residents aged 65 and over make up 18.9% of the local population (2,943 people), which is higher than the Greater Brisbane average of 15.1%. Health metrics among older residents present some challenges, with national rankings aligning closely with the patterns seen in the broader local community.
Frequently Asked Questions - Health
Caboolture - West is largely Australian-born, at 83.1% of residents, with 6.9% speaking a language other than English at home. The largest reported ancestries are English (31.0%) and Australian (29.1%). 4.7% of residents identify as Aboriginal and/or Torres Strait Islander. Ancestry, language and country of birth are counted only by the Census, so these are 2021 figures.
Detail
Cultural diversity metrics in Caboolture - West are below national averages, with citizenship at 87.0%, the Australian-born population at 83.1%, and households speaking only English at 93.1%. Christianity is the dominant religious affiliation, representing 46.9% of the local population. The most prominent statistical divergence is in the Other category, which accounts for 0.9% of residents compared to 1.3% across Greater Brisbane. Ancestry details show that the three largest groups in Caboolture - West are English at 31.0%, Australian at 29.1% (which is higher than the regional average of 23.2%), and Irish at 7.1%.
There are also minor deviations in the representation of other backgrounds, with Maori ancestry at 1.0% of the population (compared to 1.1% regionally), Samoan ancestry at 0.5% (compared to 0.9% regionally), and German ancestry at 4.7% (compared to 4.2% regionally).
Frequently Asked Questions - Diversity
The median resident of Caboolture - West is 38. That is 1 year younger than at the 2021 Census. 26.7% of residents are aged 15 to 34. Age cohorts are not raw Census counts: the Census split is re-based to the latest ABS population estimates and state projections.
Detail
The median age in Caboolture - West is 38, making the population slightly older than the Greater Brisbane median of 36, though identical to the national average of 38. The 75 - 84 cohort shows strong relative representation at 7.2% compared to Greater Brisbane, while the 25 - 34 bracket is less common at 13.4%. Since 2021, the 15 to 24 age bracket has risen from 11.5% to 13.3% of the population, and the 35 to 44 bracket has increased from 11.7% to 12.9%. In contrast, the proportion of residents aged 85+ fell from 3.5% to 2.6%.
Looking forward to 2041, age structure projections indicate notable shifts, with the 45 to 54 cohort expected to grow by 35% (595 people) to reach 2,295 from 1,699, while the 0 to 4 cohort is projected to see a minor rise of 1% (9 people).
Frequently Asked Questions - Age
Data & MethodBoundaries, Sources & Method for Caboolture - West
9 of 14 data sections on this page were updated within the last 12 months — the newest current to Aug 2026.
Everything is aggregated to the SA2 boundary shown above, on a 2021 Census baseline. Only 3 sections — housing, households and cultural diversity — still wait on the 2026 Census.
The ledger — source, cycle and currency by section
| Section | Source & update cycle | Currency |
|---|---|---|
| Updated within the last 12 months 9 sections | ||
| Population | ABS, GNAF, Geoscience Australia Annual (ABS ERP) | May 2026 3 months ago headline measures · 2021 Census baseline |
| Re-based to the ABS Estimated Resident Population (June 2025 release) and updated with new dwellings from GNAF address data. Current to May 2026, with the 2021 Census supplying the small-area baseline. | ||
| Age profile | ABS, Geoscience Australia, State governments Annual | May 2026 3 months ago headline measures · 2021 Census baseline |
| Age cohorts are re-based to the latest ABS population estimates and state projections, current to May 2026. Each cohort is held as a Census baseline and a current estimate. | ||
| Development & approvals | ABS, GNAF Monthly (ABS approvals) | Jun 2026 2 months ago headline measures · May 2026 baseline |
| Property sales & rents | Valuer General, Rental Board, ABS Weekly sales, quarterly rents | Aug 2026 this month all 21 measures |
| Sales from the state Valuer General register, refreshed weekly, and rents from quarterly rental bond lodgements. Both are read live each time this page loads, current to Aug 2026. | ||
| Infrastructure projects | Infrastructure Australia, State agencies, Local governments Daily | Jun 2026 2 months ago all 6 projects tracked here |
| Project pipeline maintained continuously from Infrastructure Australia, state agencies, local government and public announcements. Records are added and revised daily; this area was last updated Jun 2026. | ||
| Employment | ABS, DEWR, JSA Quarterly (ABS SALM) | Mar 2026 5 months ago headline measures · 2021 Census baseline |
| Unemployment and labour force from ABS Small Area Labour Markets, current to Mar 2026. The growth outlook applies Department of Employment (now Jobs and Skills Australia) forecasts for all 19 industry divisions to the local industry mix, so it measures sector composition rather than local expansion and makes no allowance for population growth. Job demand comes from the same agency via its Internet Vacancy Index; industry and occupation structure from the 2021 Census. | ||
| Education | ABS, ACARA Annual (ACARA) | Aug 2026 this month headline measures · 2021 Census baseline |
| Transport | ABS, State Transport Departments Each timetable release | Jul 2026 last month headline measures · 2021 Census baseline |
| Services & amenities | Provider directories, ACECQA Continuous | Jul 2026 last month all 14 measures |
| Annual and financial-year sources 2 sections | ||
| Income | ABS, ATO Annual (ATO) | FY 2023 3 years ago headline measures · 2021 Census baseline |
| ATO taxable income statistics for FY 2023, indexed forward using the Wage Price Index. Census household income provides the distribution detail. | ||
| Health | ABS, ATO Annual | 2024 2 years ago headline measures · 2021 Census baseline |
| Census-measured — next update: 2026 Census 3 sections No more current small-area source exists for these, so they are labelled as Census-measured rather than implied to be current. | ||
| Housing | ABS 5-yearly (Census) | 2021 Census next update 2026 all 30 measures |
| Households | ABS 5-yearly (Census) | 2021 Census next update 2026 all 18 measures |
| Cultural diversity | ABS, Geoscience Australia 5-yearly (Census) | 2021 Census next update 2026 all 44 measures |
"Currency" is the most recent release feeding that section. Where the Census supplies the structural baseline underneath a current headline figure, the row says so.
How the numbers are built
Population
The Census provides the small-area baseline, aggregated from mesh blocks to this boundary. It is then re-based to the ABS Estimated Resident Population (June 2025 release), and new dwellings built since Census night are counted from address data — 807 validated new addresses here. The headline figure is therefore a current estimate for May 2026, not a 2021 count (12,165 at the 2021 Census → 15,547 now). Annual growth rates are compound (CAGR), not simple averages.
Age profile
Cohort shares are not raw Census counts. Every cohort is held as a pair — the Census baseline and a current estimate — and the split is re-based using ERP and state population projections, current to May 2026. Median age is the Census median plus modelled change since. Charts that show both are labelled "2021 Census vs Current Estimate".
Property sales
Sourced from the state valuation authority's sales register — current, not Census, and refreshed weekly. Medians are calculated from settled transactions in the period shown; periods with very low transaction counts are flagged or suppressed, because a handful of sales can move a median substantially.
Rents
Derived from state rental bond lodgement data, by dwelling type and bedroom count. Bonds are lodged at the start of a new tenancy, so this reflects new lettings, not the whole rented stock.
Development & infrastructure
Building approvals come from current ABS releases; development applications are collected from council and state planning portals; the infrastructure pipeline is compiled from Infrastructure Australia and local government sources. Applications are matched to this boundary by address or coordinates, so very recent lodgements may not yet appear.
Employment & income
Industry and occupation structure comes from the Census, but the headline labour-market indicators do not. Unemployment and labour force are derived from ABS Small Area Labour Markets (quarterly). The employment outlook applies Department of Employment forecasts for all 19 industry divisions to this area's own industry mix (the agency is now Jobs and Skills Australia), as does the Internet Vacancy Index used for job demand. Because it is weighted on industry composition alone, that outlook carries no allowance for local population growth — in fast-growing areas the real rise in local jobs will typically be higher. Income combines Census household income with ATO taxable-income statistics for FY 2023, indexed forward using the Wage Price Index.
Education, transport & amenities
School enrolments, ICSEA and performance come from ACARA's current release, not the Census. Public transport stops and service frequency are derived from GTFS timetable feeds published by state transport departments. Services and amenities are proximity and count scores built from provider directories, refreshed on their own cycle. The Census contributes only the travel-to-work and qualification measures.
Rankings and benchmarks. Where we rank this area, the comparison set is every area of the same boundary type — suburbs against suburbs, SA2s against SA2s. Benchmarks compare this area against its greater capital city region and the national figure for the same measure and period.
Limits worth knowing. Small areas carry larger error margins, and the ABS introduces small random adjustments to Census counts to protect confidentiality — so totals may not sum exactly. Estimates re-based from regional data describe the area's expected trajectory, not a direct count of it. Figures are indicative for research and are not financial, planning or valuation advice.
Cross-check us. The Census baseline for this boundary is at ABS 2021 Census QuickStats (313021573). QuickStats reports 2021 only — the figures on this page are more current wherever the ledger shows a later date.