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This analysis uses Suburbs and Localities (SAL) boundaries, which can materially differ from Statistical Areas (SA2) even when sharing the same name.
SAL boundaries are defined by Australia Post and the Australian Bureau of Statistics to represent commonly-known suburb names used in postal addresses.
Statistical Areas (SA2) are designed for census data collection and may combine multiple suburbs or use different geographic boundaries. For comprehensive analysis, consider reviewing both boundary types if available.
est. as @ -- *
2021 Census | -- people
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Bedford has an estimated 6,109 residents, up from 5,716 at the 2021 Census — a change of 393 people, or 6.9%. Growth has averaged 0.7% a year over five years. Overseas migration accounts for 79.0% of that increase. That puts 2,727 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 AreaSearch evaluations combining ABS demographic updates across the surrounding territory with post-Census address validations, the suburb of Bedford records an estimated population of approximately 6,109 as of Aug 2026. This represents an addition of 393 people (6.9%) relative to the 2021 Census tally of 5,716 people. Such growth builds upon an estimated resident population of 6,086 determined from the latest ERP data release by the ABS (June 2025), alongside 19 validated new addresses confirmed since Census date. With a density of 2,727 persons per square kilometer, the suburb of Bedford sits in the upper quartile among nationally assessed areas.
Furthermore, its post-census growth of 6.9% falls within 2.6 percentage points of the 9.5% nationwide benchmark, highlighting robust expansion fundamentals. Net overseas migration served as the primary growth engine locally, accounting for roughly 79.0% of recent population additions. Projections for the suburb of Bedford incorporate ABS/Geoscience Australia modeling released in 2024 (using 2022 as the base year) for each SA2 area, supplemented by age-cohort growth rates from the 2023 Greater Capital Region projections (2022 baseline) for non-covered areas and periods beyond 2032. Looking ahead, future population growth in the suburb of Bedford is forecast to track slightly under the national statistical area median, expanding by 639 persons to 2041 via consolidated SA2 projections, which corresponds to an overall gain of 10.1% over the 16 years.
Frequently Asked Questions - Population
86 new dwellings have been approved in Bedford over the past five years, an average of 17 a year. That is 2.9 approvals per 1,000 residents. Approvals are currently running at an annualised 16, broadly in line with that longer-run average. Figures come from ABS building approvals aggregated to this Suburb (SAL) boundary and are updated monthly as the ABS releases them.
Detail
An evaluation of ABS building approval records apportioned by AreaSearch indicates that Bedford maintained an annual average of about 17 new dwelling approvals, delivering an estimated 86 homes across the preceding 5 financial years. Within FY-25 to date, 16 approvals have been documented. This pipeline coincides with an average annual influx of 2.5 new residents per dwelling over the past 5 financial years (from FY-21 to FY-25), demonstrating steady demand favorable to home values. New residential builds averaged an estimated construction value of $507,000, tracking moderately higher than regional norms to reflect quality-focused building.
Concurrently, commercial approvals reached $24.4 million this financial year, underscoring solid non-residential building activity. Per capita construction activity in Bedford trails Greater Perth by 16.0%, placing the locality in the 34th percentile nationwide. This constrained volume restricts prospective buyer choices while channeling buyer interest toward established stock, also registering below the countrywide benchmark due to local maturity and planning parameters. Furthermore, recent development has consisted entirely of detached dwellings, preserving the suburban character through spacious family accommodation. A ratio of around 433 people per approval highlights the established nature of the market. Demographic forecasts point to an influx of 616 residents for Bedford through to 2041 relative to the latest AreaSearch quarterly estimate. While residential building activity currently aligns suitably with anticipated growth, ongoing population expansion may intensify competition among prospective purchasers.
Frequently Asked Questions - Development
Development applications around Bedford
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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 one current infrastructure or development project inside Bedford, worth an estimated $12 million. A further 66 sit in the immediately surrounding suburbs, taking the tracked pipeline within reach of the area to $9.18 billion. 20 are already under construction and 28 are due for completion within three years. The pipeline spans residential development, communities, precincts & urban renewal 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
Civic upgrades, planned works, and key regional developments hold substantial sway over local performance. Within the surrounding catchment, AreaSearch has highlighted 4 major projects with potential local impact. Prominent initiatives include the Morley Galleria Shopping Centre Redevelopment, the Chester Avenue Apartment Development Proposal - DA23/0883, the John Forrest Secondary College - Redevelopment, and the Morley Drive-Bath Road Intersection Upgrade, with the most impactful detailed in the accompanying overview.
Professional plan users can use the search below to filter and access additional projects.
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Frequently Asked Questions - Infrastructure
Morley Galleria Shopping Centre Redevelopment
A circa $240 million transformation of the Morley Galleria into a modern shopping, dining, and entertainment destination. The project features a complete revitalisation of the fashion and lifestyle malls with nearly 100 new stores, the introduction of 'The Terrace' alfresco dining precinct, a major Myer refresh, and an upgraded ACE HOYTS cinema. Construction officially commenced in September 2025 with works being staged to ensure the centre remains open, with completion targeted for late 2026.
Bayswater Bridge Medical and Wellness Centre
Approved nine-storey mixed-use health, wellness and residential precinct in the Bayswater Bridge Precinct, about 300m from Bayswater Station. The project includes about 3500sqm of Class 9a medical and allied health space suited to day surgery, radiology, GP, specialist suites and medical retail, with 73 apartments above and communal roof terrace amenity. Development approval was granted in October 2025 and construction is advertised as starting in 2026.
55 Vera Street Morley Apartments
Medium density residential development near Morley Station. Multi-storey apartment complex designed to provide affordable housing options close to new rail infrastructure.
Galleria Shopping Centre Redevelopment
A circa $240 million revitalisation project focused on the Fashion and Lifestyle Mall, featuring approximately 100 new stores and the introduction of 'The Terrace', a new alfresco dining and entertainment precinct. The redevelopment includes a major cinema collaboration between HOYTS and ACE, a complete refurbishment of the Myer department store, and upgrades to Centre Court and Coles. Formal construction commenced in September 2025.
Chester Avenue Apartment Development Proposal - DA23/0883
A controversial proposal for a six-storey apartment complex with 43 apartments and underground parking at 39 Chester Avenue, Dianella. The development faces significant community opposition due to concerns about overlooking Our Lady's Assumption primary school located at 43 Chester Avenue. The proposal by Urbanista Town Planning on behalf of Affluent Property Investments and Snow Oak was submitted to the Joint Development Assessment Panel (JDAP) as application DA23/0883. Community concerns include inappropriate height and bulk, overlooking and surveillance of school children, traffic impacts during school hours, and incompatibility with neighbourhood character.A Change.org petition opposing the development gained over 500 signatures in October 2023.
Lyric on Eighth
A historic transformation of Maylands Lyric Theatre into a 7-storey mixed-use development featuring 48 contemporary apartments, ground floor retail tenancies, and a public piazza along Lyric Lane.
Maylands Town Centre Revitalisation
State Government funded program to revitalise the Maylands town centre following the Caledonian Avenue level crossing closure. The project includes upgraded intersections, traffic signals, pedestrian and cycling improvements, streetscape upgrades, traffic calming and improved connectivity around Maylands Station. Hotham Bridge signal works were completed in April 2025, with Guildford Road intersection upgrades and additional streetscape works progressing through detailed planning ahead of construction from 2027-28.
7 Art Deco Homes in Mt Lawley
Seven Art Deco-inspired luxury townhomes at 785 Beaufort Street, Mount Lawley, developed by Big Sky Developments. The project features a mix of 2 and 3-storey homes with 3 bedroom/2 bathroom and 4 bedroom/3 bathroom layouts. External design incorporates recycled red brick boundary walls with geometric steel inserts referencing the area's heritage character. Internal finishes include timber floors, feature stone benchtops, Miele appliances, and full-height glazing. Construction is underway with Orbic Construction appointed as builder.
3,637 residents of Bedford are employed, from a labour force of 3,741. Unemployment sits at 2.8%, with participation at 75.2%. Weighted for its industry mix, the area's sectors are forecast to grow about 6.7% nationally over five years. That reflects industry composition only and makes no allowance for local population growth. The working-day population is estimated at 4,509, about 74% of the resident population, so more people leave the area for work than travel in. Unemployment and labour force come from ABS Small Area Labour Markets, updated quarterly; the industry and occupation profile is from the 2021 Census.
Detail
Bedford features a well-educated workforce, with professional services showing strong representation, an unemployment rate of just 2.8%, and 3.4% in estimated employment growth over the past year, based on AreaSearch aggregation of statistical area data. As of March 2026, 3,637 residents are in work while the unemployment rate is 1.4% below Greater Perth's rate of 4.2%, and workforce participation is well beyond standard (75.2% compared to Greater Perth's 69.9%). Based on Census responses, a low 9.9% of residents were found to work from home, though Covid-19 lockdown impacts should be considered.
Key sectors employing local residents include health care & social assistance, education & training, along with professional & technical. The locality demonstrates distinct specialization within professional & technical roles, capturing an employment proportion 1.3 times the regional average. Conversely, manufacturing shows lower engagement, comprising 3.4% of local workers compared to 5.5% across Greater Perth. As highlighted by Census resident versus local workplace counts, this primarily residential suburb generates limited employment within its own borders. AreaSearch assessment of combined SALM and ABS statistics shows that during the 12 months to March 2026, local employment advanced by 3.4% and the workforce expanded by 3.3%, maintaining stable unemployment. In comparison, Greater Perth recorded employment growth of 2.0%, labor supply growth of 2.5%, and an unemployment rise of 0.4 percentage points. Forward-looking guidance from Jobs and Skills Australia national projections dated Mar-26 provides context on future labor needs. Nationally, employment is projected to grow by 6.6% over five years and 13.7% over ten years, though sector trajectories diverge. Applying these national sector trends to Bedford's workforce composition indicates potential employment growth of 6.7% over five years and 13.8% over ten years (representing an illustrative weighted calculation that excludes localized demographic projections).
Frequently Asked Questions - Employment
Median household income in Bedford is $2,072 a week (about $108,000 a year), with median personal income at $929 a week. ATO records put median taxable income at $61,280 a year against an average of $75,572. 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 records from the ATO compiled by AreaSearch for financial year 2023 indicate a median income of $61,280 and an average of $75,572 in the suburb of Bedford. This comfortably exceeds nationwide benchmarks, while Greater Perth registered a median of $60,748 and an average of $80,248. Factoring in Wage Price Index growth of 10.93% since financial year 2023, updated estimates reach approximately $67,978 (median) and $83,832 (average) by March 2026. Data from the 2021 Census places local personal, family, and household earnings around the 70th percentile across the country.
The largest income bracket encompasses 27.6% of residents (1,686 people) in the $1,500 - 2,999 weekly band, aligning with broader metropolitan tendencies where 32.0% fall into this tier. Local economic capacity is further evidenced by 33.0% earning more than $3,000 weekly, fostering demand for upscale services. Housing commitments absorb 14.8% of income, positioning residents in the 72nd percentile for disposable earnings, alongside a SEIFA income placement in the 7th decile.
Frequently Asked Questions - Income
Bedford had 2,212 occupied dwellings at the 2021 Census, 89% detached houses and 0% apartments. 40% are owned with a mortgage, 29% rented and 31% owned outright. At that Census the median rent was $360 a week and the median mortgage repayment $2,167 a month. Rent absorbs 17.4% of household income here and mortgage repayments 24.1%. Dwelling stock, tenure and housing costs are 2021 Census measures — the only source that counts dwellings at this boundary size.
Detail
The local housing stock recorded at the most recent Census consisted of 89.0% separate houses and 11.0% medium-to-high density formats (including semi-detached dwellings, apartments, and other categories), contrasted with 77.8% houses and 22.1% alternative dwellings across Perth metro. Outright property ownership in Bedford stood above the metropolitan figure at 30.8%, while remaining properties were held under mortgages (40.3%) or occupied by tenants (28.9%). Typical monthly mortgage obligations were elevated at $2,167 compared to $1,907 across Perth metro, whereas median weekly rents stood at $360 compared to the regional $350. Relative to national figures, Bedford experiences significantly higher mortgage payments than Australia's $1,863 average, but softer weekly rents than the national $375 benchmark.
Frequently Asked Questions - Housing
Bedford counted 2,212 households at the 2021 Census, an estimated 2,364 today, averaging 2.5 people each. 34% are couples with children, against 25% couples without children. 24% of households are people living alone, and families average 1.4 children. Household and family composition is measured only by the Census, so these are 2021 figures.
Detail
The domestic landscape is characterized by families, which account for 72.1% of all households; this comprises couples with children at 33.5%, couples without children at 25.4%, and single parent arrangements at 11.8%. Non-family living arrangements represent the remaining 27.9%, driven by single-person households at 24.1% and group living at 3.7%. Across all residences, the median household occupancy of 2.5 people sits slightly below the Greater Perth metric of 2.6.
Frequently Asked Questions - Households
37.5% of adults in Bedford hold a university qualification, including 25.8% with a bachelor degree and 7.6% with postgraduate qualifications, higher than 78% of areas nationally. A further 17.8% hold a vocational qualification. 1 school serves the area, with 1,737 enrolment places and an average ICSEA of 1,081 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
Educational profiles across Bedford outpace broader benchmarks, as 37.5% of individuals aged 15+ hold tertiary degrees compared with 24.3% across the SA4 region and 27.9% across WA. Bachelor degrees account for the largest share at 25.8%, accompanied by postgraduate qualifications (7.6%) and graduate diplomas (4.1%). Vocational and technical training is likewise prominent, with 29.1% of residents aged 15+ possessing vocational credentials, including advanced diplomas (11.3%) and certificates (17.8%). Engagement in formal study is substantial, with 27.9% of the local population actively participating in education. This distribution includes 9.0% attending primary school, 6.8% in secondary education, and 6.6% enrolled in tertiary programs.
Frequently Asked Questions - Education
Schools Detail
Public transport in Bedford reaches 36 stops on 11 routes, timetabled for about 2,300 services a week. The typical home sits about 170 m from its nearest stop. Buses carry the largest share of public transport commuters. Households keep an average of 1.3 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
Bedford's public transit network features 36 active stops offering bus connectivity across 11 discrete routes, delivering 2,335 weekly passenger trips. Transit access is rated as excellent, placing typical residents within 167 meters of their closest stop. Commuter patterns reflect the suburb's residential role, with private vehicle travel serving as the primary choice at 78%, followed by 13% utilizing bus services. Household vehicle ownership sits at an average of 1.3 per dwelling, trailing regional figures. In addition, a modest 9.9% of workers commuted from home according to the 2021 Census, a figure potentially influenced by COVID-19 settings.
Transit service schedules deliver an average frequency of 333 trips per day across the combined network, translating to roughly 64 weekly trips for each individual stop.
Frequently Asked Questions - Transport
Transport Stops Detail
71.0% of residents in Bedford report no long-term health condition. 4.9% need daily assistance with core activities, and 57.2% hold private health cover. The standardised death rate runs at 4.7 per 1,000 residents. Health conditions, assistance needs and insurance are 2021 Census measures; the death rate comes from current ABS releases.
Detail
Health indicators in Bedford track favorably above average benchmarks according to AreaSearch evaluations of mortality and chronic disease trends. Both younger and older demographics exhibit reduced rates of common health conditions, complemented by a substantial private health insurance rate covering roughly 57% of the population (~3,494 people). Asthma and mental health conditions represent the leading reported diagnoses, affecting 7.4% and 8.8% of the local population respectively, while 71.0% of residents reported having no long-term medical conditions compared to 71.9% throughout Greater Perth. Health profiles within working-age cohorts mirror typical trends.
Meanwhile, residents aged 65 and over constitute 15.4% of the population (940 people), demonstrating especially strong health metrics that outrank nationwide averages.
Frequently Asked Questions - Health
34.0% of Bedford residents were born overseas and 23.3% speak a language other than English at home. The largest reported ancestries are English (23.0%) and Australian (20.0%). Ancestry, language and country of birth are counted only by the Census, so these are 2021 figures.
Detail
Cultural diversity in Bedford stands well above typical market benchmarks, with 23.3% of households speaking a non-English language at home and 34.0% of the populace born overseas. Christianity represents the most common religious affiliation, encompassing 47.2% of local residents. In relative terms, Judaism exhibits a notable concentration, comprising 0.5% of the community compared with 0.3% across Greater Perth. Regarding parental lineage and ancestry, the most widely reported backgrounds across Bedford include English (23.0%, tracking below the 28.0% regional level), Australian (20.0%), and Other (12.1%). Notable variations are also present across specific heritages, with Italian ancestry notably higher at 8.4% (against 4.2% across the wider region), Polish at 1.1% (against 0.7%), and Serbian at 0.7% (against 0.3%).
Frequently Asked Questions - Diversity
The median resident of Bedford is 39. 24.5% 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
Demographic cohorts across the suburb of Bedford align closely with Greater Perth, showing a maximum divergence of only 2.1 percentage points across broad age tiers. The estimated median age stands at 39 as at August 2026, matching the 2021 Census baseline and sitting 2 years above the Greater Perth median of 37 recorded at that time. Since the Census, the mature adult bracket aged 45 - 64 reduced from 25.8% to an estimated 24.7%. Looking ahead to 2041, the most substantial expansion will occur across the senior demographic (65+), rising by 373 residents (40%) to reach 1,314, whereas younger to middle-aged adult brackets are projected to decrease over this timeframe.
Frequently Asked Questions - Age
Data & MethodBoundaries, Sources & Method for Bedford
8 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 Suburb (SAL) 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 8 sections | ||
| Population | ABS, GNAF, Geoscience Australia Annual (ABS ERP) | Aug 2026 last month 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 Aug 2026, with the 2021 Census supplying the small-area baseline. | ||
| Age profile | ABS, Geoscience Australia, State governments Annual | Aug 2026 last month headline measures · 2021 Census baseline |
| Age cohorts are re-based to the latest ABS population estimates and state projections, current to Aug 2026. Each cohort is held as a Census baseline and a current estimate. | ||
| Development & approvals | ABS, GNAF Monthly (ABS approvals) | Aug 2026 last month headline measures · Jun 2026 baseline |
| Property sales & rents | Valuer General, Rental Board, ABS Weekly sales, quarterly rents | Aug 2026 last 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. | ||
| Employment | ABS, DEWR, JSA Quarterly (ABS SALM) | Mar 2026 6 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 last month headline measures · 2021 Census baseline |
| Transport | ABS, State Transport Departments Each timetable release | Jul 2026 2 months ago headline measures · 2021 Census baseline |
| Services & amenities | Provider directories, ACECQA Continuous | Jul 2026 2 months ago all 14 measures |
| Annual and financial-year sources 3 sections | ||
| Infrastructure projects | Infrastructure Australia, State agencies, Local governments Daily | Aug 2025 about a year ago all 1 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 Aug 2025. | ||
| 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 — 19 validated new addresses here. The headline figure is therefore a current estimate for Aug 2026, not a 2021 count (5,716 at the 2021 Census → 6,109 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 Aug 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 (SAL50091). QuickStats reports 2021 only — the figures on this page are more current wherever the ledger shows a later date.