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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
The median house price in Bexley North is $1.94m, with units at $788k. House values have moved 3.6% a year compounded over five years.
Curious about local property values? Filter the chart to assess the volume and appreciation (including resales) trends and regional comparisons, or scroll to the map below view this information at an individual property level.
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Bexley North has an estimated 4,251 residents, down from 4,281 at the 2021 Census. The population has thinned by an average 0.6% a year over five years, slower than 95% of areas nationally. That puts 3,456 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's evaluation of ABS regional updates alongside validated post-Census address additions, the suburb of Bexley North recorded an estimated population of 4,251 as of Aug 2026. This represents a contraction of 30 people (0.7%) compared with the 4,281 people enumerated in the 2021 Census. Such findings stem from an estimated resident count of 4,244 derived from the ABS June 2025 ERP release, combined with 1 validated new addresses identified since Census night. The resulting population density stands at 3,456 persons per square kilometer, placing the suburb of Bexley North within the top quartile among locations nationwide evaluated by AreaSearch.
Inbound overseas migration served as the core engine of demographic expansion, generating roughly 81.0% of recent population additions. Population projections utilized by AreaSearch incorporate 2024 ABS/Geoscience Australia data at the SA2 level based on 2022 benchmarks, supplemented by 2022 NSW State Government SA2 forecasts indexed to 2021 where necessary. Age-specific trajectory patterns across these models are applied through 2032 to 2041. Forward-looking demographic projections position the suburb of Bexley North in the bottom quartile across benchmarked areas, with aggregated SA2 estimates projecting an addition of 144 persons by 2041, representing a cumulative 3.2% increase across the 16 years.
Frequently Asked Questions - Population
42 new dwellings have been approved in Bexley North over the past five years, an average of 8 a year. That is 1.1 approvals per 1,000 residents. Few approvals have been recorded in the most recent months, well below the longer-run average; the latest ABS periods are still being reported. Figures come from ABS building approvals aggregated to this Suburb (SAL) boundary and are updated monthly as the ABS releases them.
Detail
ABS residential building approval statistics compiled by AreaSearch show that Bexley North averaged approximately 8 approved dwellings per annum, amounting to an estimated 42 homes across the preceding 5 financial years. Throughout FY-25 to date, no approvals have been recorded. Given recent population contractions, this level of residential construction activity remains well balanced, creating favourable conditions for property buyers. Non-residential building activity included $272,000 in approved commercial works during this financial year, underscoring the locality's primarily residential character. Dwelling construction per capita in Bexley North sits 79.0% below the regional average across Greater Sydney, representing a marked undersupply that generally underpins price stability and buyer competition for established stock.
This constrained activity also lags behind national levels, pointing to a well-established urban environment alongside potential regulatory limits on development. Approved dwelling types were divided between 67.0% detached dwellings and 33.0% attached dwellings, providing a broader variety of medium-density formats that cater to varied household budgets between traditional detached houses and compact housing. With approximately 8491 people per approval, the suburb displays the profile of an established, mature community. Based on the most recent AreaSearch quarterly update, Bexley North is projected to expand by 137 residents by 2041. Sustaining current construction volumes should enable local dwelling additions to satisfy future demand comfortably, supporting stable conditions for purchasers while potentially facilitating growth beyond baseline forecasts.
Frequently Asked Questions - Development
Development applications around Bexley North
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| Lodged | Address | Description | Type | Distance | Status |
|---|
SOURCE: Planning portals and council registers, compiled by AreaSearch. Distance & bearing measured from the suburb midpoint.
AreaSearch tracks 3 current infrastructure and development projects inside Bexley North, worth an estimated $4.59 billion. A further 96 sit in the immediately surrounding suburbs, taking the tracked pipeline within reach of the area to $27.9 billion. 18 are already under construction and 35 are due for completion within three years. The pipeline spans residential development, communities, precincts & urban renewal and sports & recreation. 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
Urban infrastructure initiatives, major civic projects, and regional planning strategies play a pivotal role in shaping local community development. AreaSearch has highlighted a total of 6 projects positioned to impact the surrounding precinct. Significant undertakings include the Bexley North High Density Residential Development, the Salvation Army Bexley North Subdivision, the Booralee Park Playspace Renewal and Fitness Station, and the Botany Aquatic Centre Redevelopment.
Professional plan users can use the search below to filter and access additional projects.
INFRASTRUCTURE SEARCH
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Frequently Asked Questions - Infrastructure
Bexley North High Density Residential Development
Approved rezoning project allowing construction of three residential flat buildings ranging from 5 to 6 storeys with up to 100 apartments. LEP amendment became effective 21 June 2024, rezoning from R2 Low Density to R4 High Density Residential with increased height limit to 20.5m and FSR to 2:1.
Salvation Army Bexley North Subdivision
State Significant Development involving subdivision of the former Salvation Army training college site. The proposal includes retention of heritage buildings, demolition of other structures, removal of trees, new internal roads and drainage, and creation of residential lots capable of delivering up to 49 dwellings. The project remains under assessment, with subsequent amended applications also lodged to revise the subdivision and housing layout.
Kingsgrove Public Preschool
New public preschool co-located at Kingsgrove Public School with entrance from Caroline Street, delivered as part of the NSW Government's $769 million investment in 100 new public preschools statewide. The facility will feature 2 preschool rooms, an outdoor play area, and administration and staff amenities, accommodating up to 40 children per day. Construction is progressing well on site: bulk excavation is complete, services have been installed, and the concrete slab has been poured. Steel wall framing and roofing are the next steps.Architect is Pedavoli Architects and builder is Richard Crookes Construction. Completion is anticipated for Day 1 Term 1 2027.
Booralee Park Playspace Renewal and Fitness Station
Complete renewal of Booralee Park district-level playspace featuring contemporary play equipment for ages 2-12, outdoor fitness station for all fitness levels, accessible pathways, and improved landscaping. Project includes demolition of existing Daniel Street playground and removal of Bay Street playground. Community consultation completed July 2024.
Rockdale Bicentennial Park Reinstatement
Reinstatement and upgrade of Rockdale Bicentennial Park as part of the M6 Stage 1 project. Works include restoration of parkland after tunnel construction, upgraded playing fields, skate park, playgrounds, shared walking and cycling paths, wetland restoration, increased tree canopy and new recreational infrastructure. The Urban Design and Landscape Plan for the park was approved in 2024, however delivery remains tied to completion of M6 Stage 1 construction. Following the 2024 tunnelling suspension, tunnelling resumed during 2026 with park reinstatement to follow project completion.
1-3 Abercorn Street Units, Bexley
Residential apartment development consisting of 25 units in Bexley North, part of broader housing initiatives in the suburb.
7-11 Kingsland Road Mixed-Use Development, Bexley
Demolition of existing structures and construction of a six storey mixed-use development comprising 26 residential units and commercial spaces, contributing to local housing and commercial supply.
Fox Lane Rockdale
Fox Lane Rockdale is a $50 million boutique residential development featuring 43 studio, one-, two-, and three-bedroom apartments plus two ground-floor commercial/retail spaces. The project offers chic modern interiors and resort-style rooftop amenities including a pool, gym, BBQ area, and outdoor cinema, along with secure parking. Located in the heart of Rockdale, it provides excellent connectivity to public transport, shopping, and local parks.
2,319 residents of Bexley North are employed, from a labour force of 2,410. Unemployment sits at 3.8%, with participation at 67.2%. Weighted for its industry mix, the area's sectors are forecast to grow about 6.9% nationally over five years. That reflects industry composition only and makes no allowance for local population growth. The working-day population is estimated at 3,366, about 79% 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
Bexley North features a skilled workforce with notable representation in professional sectors, an unemployment rate of just 3.8%, and estimated annual jobs growth of 1.5% according to AreaSearch statistical area aggregations. As of March 2026, 2,319 residents are gainfully employed, while local unemployment sits 0.4% below the Greater Sydney benchmark of 4.1%, and labour force participation closely tracks the wider metropolitan level of 68.9%. Census records indicate that 45.4% of working residents performed their duties from home, though this figure reflects the influence of Covid-19 restrictions at the time. The primary employment fields for local residents comprise health care & social assistance, professional & technical, and finance & insurance.
Local representation in finance & insurance is notably elevated, registering 1.3 times the regional average. Conversely, professional & technical services account for 9.9% of the local workforce, lagging behind the 11.5% recorded across Greater Sydney. Comparing the resident workforce against locally based employment totals indicates that this predominantly suburban residential enclave provides relatively few jobs within its own borders. According to AreaSearch’s evaluation of SALM and ABS figures compiled from wider statistical regions, the twelve-month span recorded a 1.5% rise in employment and a 1.9% expansion in the labour force, which pushed the unemployment rate up by 0.4 percentage points. This trend differs from Greater Sydney, where employment grew by 1.9%, the labour force also expanded by 1.9%, and unemployment dropped slightly. Jobs and Skills Australia’s national employment outlooks dated Mar-26 provide additional context regarding potential future demand in Bexley North. These forecasts span five and ten year horizons and have been overlaid with the local employment composition to project growth trajectories. Although national employment is projected to grow by 6.6% over five years and 13.7% over ten years, sectoral expansion rates vary considerably. When these industry-level estimates are applied to Bexley North’s job mix, local employment is expected to rise by 6.9% over five years and 14.0% over ten years, though this represents a basic weighting exercise for demonstration and excludes localized population assumptions.
Frequently Asked Questions - Employment
Median household income in Bexley North is $1,894 a week (about $98,000 a year), with median personal income at $735 a week. ATO records put median taxable income at $49,810 a year against an average of $66,907. 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
According to AreaSearch's evaluation of ATO postcode figures for financial year 2023, resident earnings in the suburb of Bexley North align closely with national medians, registering a median income of $49,810 alongside an average income of $66,907. These numbers track below Greater Sydney's corresponding medians of $60,817 and $83,003. Applying a 10.32% rise in the Wage Price Index since financial year 2023 produces updated March 2026 estimates of roughly $54,950 for median income and $73,812 for average earnings. Census metrics place household income at the 59th percentile ($1,894 weekly), whereas individual earnings sit at the 35th percentile.
Across income bands, 26.9% of local residents (1,143 individuals) fall into the $1,500 - 2,999 bracket, compared to 30.9% across the broader region, while an upper segment of 30.6% earn in excess of $3,000 per week. Housing commitments absorb 17.2% of income, yet solid overall earnings maintain disposable income at the 58th percentile and an area SEIFA income score in the 7th decile.
Frequently Asked Questions - Income
Bexley North had 1,505 occupied dwellings at the 2021 Census, 75% detached houses and 12% apartments. 29% are owned with a mortgage, 30% rented and 40% owned outright. At that Census the median rent was $450 a week and the median mortgage repayment $2,800 a month. Rent absorbs 23.8% of household income here and mortgage repayments 34.1%. Dwelling stock, tenure and housing costs are 2021 Census measures — the only source that counts dwellings at this boundary size.
Detail
Census housing metrics show that Bexley North's residential stock consists of 74.8% houses and 25.2% other dwellings (including semi-detached properties, apartments, and alternative dwellings), distinct from the Sydney metro profile of 55.9% houses and 44.1% other dwellings. Outright home ownership is notably elevated at 40.4%, surpassing the metropolitan benchmark, with mortgaged properties comprising 29.2% and rental accommodation accounting for 30.4%. Typical monthly mortgage commitments stood at $2,800, exceeding the Sydney metro median of $2,427, while typical weekly rent was $450 against $470 across Greater Sydney. Relative to nationwide benchmarks, mortgage obligations significantly outpace the Australian median of $1,863, with rental costs similarly exceeding the national level of $375.
Frequently Asked Questions - Housing
Bexley North counted 1,505 households at the 2021 Census, averaging 2.7 people each. 38% are couples with children, against 22% couples without children. 24% of households are people living alone, and families average 1.6 children. Household and family composition is measured only by the Census, so these are 2021 figures.
Detail
Families make up the overwhelming majority of households at 73.8%, split between couples with children at 37.9%, couples without children at 21.7%, and single parent families at 12.8%. Non-family living arrangements account for the remaining 26.2%, consisting of lone person households at 23.8% and group households at 2.4%. The median household size of 2.7 people matches the wider Greater Sydney figure.
Frequently Asked Questions - Households
33.7% of adults in Bexley North hold a university qualification, including 24.3% with a bachelor degree and 7.5% with postgraduate qualifications. A further 15.6% hold a vocational qualification. 1 school serves the area, with 382 enrolment places and an average ICSEA of 1,079 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
Tertiary educational attainment in Bexley North sits below broader regional figures, with 33.7% of residents aged 15+ possessing university credentials compared to 38.7% across the SA3 area. Among degree holders, bachelor degrees represent the largest category at 24.3%, accompanied by postgraduate qualifications at 7.5% and graduate diplomas at 1.9%. Vocational and technical qualifications are held by 27.0% of residents aged 15+, consisting of 11.4% with advanced diplomas and 15.6% with certificates. Student engagement in Bexley North is substantial, with 28.6% of the population participating in formal education. This proportion comprises 9.0% attending primary school, 7.6% enrolled in secondary education, and 6.5% undertaking tertiary studies.
Frequently Asked Questions - Education
Schools Detail
Public transport in Bexley North reaches 45 stops on 15 routes, timetabled for about 2,400 services a week. The typical home sits about 110 m from its nearest stop. Buses carry the largest share of public transport commuters. Households keep an average of 1.2 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
Public transport connectivity across Bexley North is supported by 45 active transport stops spanning various bus routes. These locations are linked by 15 individual routes that collectively deliver 2,360 weekly passenger trips. Access to transit is strong, with typical walking distances of 108 meters to the closest stop. Given the suburb's residential nature, outbound commuting predominates, with private vehicles accounting for 77% of journeys and rail travel making up 14%. Households maintain an average of 1.2 vehicles per dwelling. Work-from-home arrangements were noted by 45.4% of residents during the 2021 Census, subject to the circumstances of COVID-19 at that time.
Public transport schedules generate a combined frequency of 337 trips per day across all available services, providing approximately 52 weekly trips per individual stop.
Frequently Asked Questions - Transport
Transport Stops Detail
74.2% of residents in Bexley North report no long-term health condition, a healthier profile than 82% of areas nationally. 6.6% need daily assistance with core activities, and 53.4% hold private health cover. The standardised death rate runs at 4.9 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 Bexley North are exceptionally positive based on AreaSearch assessments of mortality statistics and chronic disease rates, showing minimal condition prevalence across all age brackets. Private health insurance membership stands at approximately 53% of the total population (~2,269 people), slightly exceeding the typical SA2 average while trailing the Greater Sydney level of 59.9%. Arthritis and mental health conditions represent the most prevalent diagnosed ailments, affecting 6.4 and 5.7% of the community respectively, while 74.2% of residents reported having no long-term medical conditions, comparable to the 74.6% recorded across Greater Sydney.
Senior residents aged 65 and over constitute 22.5% of the locality (956 people), outstripping the 15.5% share across Greater Sydney, with older cohorts maintaining robust health outcomes that align with broader national standards.
Frequently Asked Questions - Health
39.8% of Bexley North residents were born overseas and 54.9% speak a language other than English at home, more culturally diverse than 86% of areas nationally. The largest reported ancestries are Greek (17.7%) and Chinese (13.6%). Ancestry, language and country of birth are counted only by the Census, so these are 2021 figures.
Detail
Bexley North exhibits considerable cultural diversity, with 39.8% of residents born abroad and 54.9% utilizing a non-English language in their homes. Christianity forms the predominant religious affiliation, encompassing 61.1% of the local population, compared to 49.2% throughout Greater Sydney. Regarding parental lineage, the three largest ancestral cohorts in Bexley North are Greek at 17.7% (well above the regional 1.9%), Other backgrounds at 13.8%, and Chinese at 13.6% (exceeding the regional 8.4%). Other notable cultural backgrounds include Lebanese residents at 5.6% (compared to 2.6% regionally), Spanish at 0.9% (versus 0.6%), and Hungarian at 0.5% (against 0.3%).
Frequently Asked Questions - Diversity
The median resident of Bexley North is 42. 24.2% 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 demographic profile of the suburb of Bexley North is noticeably older than that of Greater Sydney. Projections updated to August 2026 indicate that retiree and elderly cohorts (65+) account for 22.5% of residents versus 15.5% across Greater Sydney, whereas young to middle aged adults (25 - 44) represent 25.4% compared to 31.4% regionally. The median age remains steady at an estimated 42, mirroring the 2021 Census result and remaining 5 years older than the Greater Sydney median of 37 from that Census. Since the Census, the share of retiree and elderly cohorts rose from 20.9% to an estimated 22.5%.
Looking ahead to 2041, seniors are projected to drive the bulk of local growth by adding 325 residents (34%) to total 1,281, while populations of children, young adults, and young to middle aged adults are expected to decrease.
Frequently Asked Questions - Age
Data & MethodBoundaries, Sources & Method for Bexley North
9 of 14 data sections on this page were updated within the last 12 months — the newest current to Oct 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 9 sections | ||
| Population | ABS, GNAF, Geoscience Australia Annual (ABS ERP) | Aug 2026 2 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 Aug 2026, with the 2021 Census supplying the small-area baseline. | ||
| Age profile | ABS, Geoscience Australia, State governments Annual | Aug 2026 2 months ago 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 2 months ago headline measures · Jul 2026 baseline |
| Property sales & rents | Valuer General, Rental Board, ABS Weekly sales, quarterly rents | Oct 2026 this month headline measures · Sep 2026 baseline |
| 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 Oct 2026. | ||
| Infrastructure projects | Infrastructure Australia, State agencies, Local governments Daily | Jun 2026 4 months ago all 3 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 7 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) | Sep 2026 last month headline measures · 2021 Census baseline |
| Transport | ABS, State Transport Departments Each timetable release | Jul 2026 3 months ago headline measures · 2021 Census baseline |
| Services & amenities | Provider directories, ACECQA Continuous | Sep 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 — 1 validated new addresses here. The headline figure is therefore a current estimate for Aug 2026, not a 2021 count (4,281 at the 2021 Census → 4,251 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 (SAL10334). QuickStats reports 2021 only — the figures on this page are more current wherever the ledger shows a later date.