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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.
est. as @ -- *
ABS ERP | -- people | --
2021 Census | -- people
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Yarriambiack has an estimated 6,250 residents, down from 6,501 at the 2021 Census — a change of 251 people, or 3.9%. The population has thinned by an average 1.0% a year over five years, slower than 99% of areas nationally. Fewer than ten people live on each square kilometre, across a boundary that takes in surrounding rural land. Population is estimated from ABS Estimated Resident Population releases and GNAF address data, re-based from the 2021 Census and updated annually.
Detail
Demographic assessments by AreaSearch indicate that Yarriambiack has an estimated population of approximately 6,250 as of Aug 2026. Compared to the 6,501 people recorded in the 2021 Census, this represents a contraction of 251 people (3.9%). The updated figure is derived from the ABS estimated resident population of 6,246 as of June 2025 alongside 9 validated new addresses added following the Census date. With a density ratio of 0.90 persons per square kilometer, residents enjoy substantial physical space. The -3.9% reduction observed since the census aligns closely within 2.3 percentage points of the broader SA3 area (-1.6%), highlighting regional demographic headwinds.
Inward migration from overseas served as the primary and essentially exclusive catalyst for local population additions during recent periods. For SA2-level modeling, AreaSearch implements the ABS/Geoscience Australia projections released in 2024 using 2022 as the base year, while unrepresented SA2s draw on the 2023 VIC State Government Regional/LGA projections adjusted via weighted LGA-to-SA2 growth aggregation. Furthermore, age-specific growth rates derived from this process are applied across all locations for the years 2032 to 2041. Based on these projected demographic shifts, overall numbers are slated to decline, with the local population projected to decrease by 1,861 persons by 2041 under this framework.
Frequently Asked Questions - Population
77 new dwellings have been approved in Yarriambiack over the past five years, an average of 15 a year. That is 2.4 approvals per 1,000 residents. Figures come from ABS building approvals aggregated to this SA2 boundary and are updated monthly as the ABS releases them.
Detail
Residential building approvals across Yarriambiack have averaged around 15 new dwellings annually, delivering 77 homes over the preceding 5 financial years. Amid ongoing population loss, this volume of construction has likely matched local demand and preserved purchasing options, with new builds carrying an average expected construction cost of $363,000 in accordance with broader regional figures. Furthermore, commercial building approvals have reached $19.5 million during this financial year, demonstrating resilient commercial development investment. On a per-capita basis, Yarriambiack registers approximately three-quarters of the new dwelling approval volume seen across Rest of Vic., ranking in the 39th percentile across Australia and curbing overall buyer selection while directing interest toward established stock.
This subdued activity sits below the national benchmark, underscoring both local market maturity and prospective planning impediments. Contemporary building approvals comprise 80.0% detached houses and 20.0% attached dwellings, preserving the prevailing low-density character and family-oriented living, yet marking a departure from the current housing landscape (where 96.0% are houses) as developable land narrows and preferences shift toward varied, cost-effective options. An estimated ratio of 390 people per dwelling approval further highlights this subdued development climate. With population projections remaining subdued or downward-trending, Yarriambiack is likely to encounter reduced housing demand pressures, fostering advantageous conditions for prospective buyers.
Frequently Asked Questions - Development
Development applications around Yarriambiack
SOURCE: Planning portals and council registers, compiled by AreaSearch. Distance & bearing measured from the suburb midpoint.
AreaSearch tracks 2 current infrastructure and development projects inside Yarriambiack. A further 47 sit in the immediately surrounding suburbs, taking the tracked pipeline within reach of the area to $6.22 billion. 8 are already under construction and 18 are due for completion within three years. The pipeline spans energy, transport & logistics and residential development. 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
Community performance is significantly shaped by infrastructure upgrades, major capital initiatives, and planning policies. AreaSearch has pinpointed 23 impactful regional projects, prominently featuring the Warracknabeal Energy Park, Donald Rare Earths and Mineral Sands Project, Wimmera Plains Energy Facility, and Longerenong College Facilities Upgrade, with the most critical works highlighted in the following overview.
Professional plan users can use the search below to filter and access additional projects.
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Denotes AI-based impression for illustrative purposes only, not to be taken as definitive under any circumstances. Please follow links and conduct other investigations from the project's source for actual imagery. Developers and project owners wishing us to use original imagery please Contact Us and we will do so.
Frequently Asked Questions - Infrastructure
Warracknabeal Energy Park
The Warracknabeal Energy Park is a proposed wind farm located on approximately 26,000 hectares of agricultural land west of Warracknabeal in the Yarriambiack Shire, Victoria. The development will consist of up to 219 turbines with an installed capacity of approximately 1,575 MW, capable of powering more than 1.2 million Victorian homes and reducing carbon dioxide emissions by approximately 4.2 million tonnes per year.
Donald Rare Earths and Mineral Sands Project
A globally significant, long-life open-pit mining and processing operation for critical rare earth elements (neodymium, praseodymium, dysprosium, terbium) and mineral sands (zircon, titanium). Expected to create over 600 local jobs and contribute $205 million annually to the Wimmera region's economy over its 42-year lifespan.
Johnson Asahi Dooen Hay Processing Facility
Completed $20 million export hay and cereal straw processing facility at the Wimmera Intermodal Freight Terminal precinct in Dooen, north-east of Horsham. Delivered for Johnson Asahi, a joint venture formed in 1995 between fourth-generation Australian family business J.T. Johnson & Sons (established 1923) and Japanese partner Asahi Agria (formerly Asahi Industries). The facility comprises a 5,500 square metre processing plant and 550 square metre office, built by Ahrens under a design-and-construct contract, and houses a new teasing press manufactured by Schutz Industries and Torques Industries to complement the existing slicing press.Construction started in October 2021 with support from the Victorian Government Regional Jobs Fund and the plant opened and began production in January 2023, supporting around 72 construction jobs and approximately 50 ongoing roles. The Dooen site consolidates operations relocated from Johnson Asahi's former Plumpton Road and Golf Course Road plants in Horsham and lifts total production capacity to more than 200,000 metric tonnes of oaten hay, alfalfa hay and straw per year for export to Japan and South East Asia. The plant now runs 24 hours a day during peak season and its co-location at the intermodal terminal gives direct road and rail access for containerised freight to the Port of Melbourne.
Wimmera Plains Energy Facility
A 312MW wind farm with an integrated 100MW/400MWh battery energy storage system, located on around 3,800 hectares of farming land approximately 15km north-east of Horsham, adjacent to the Jung township in western Victoria. The facility will comprise up to 52 wind turbines with a maximum blade-tip height of 247 metres. A Section 72 amendment to the Ministerial Permit was granted in December 2024, adding the Jung land parcel for ancillary infrastructure, formally including the BESS, and updating turbine specifications.Federal approval under the EPBC Act was granted in August 2024, with the assessment process completed in just over a month. The project will connect to an existing 220kV transmission line that traverses the site, requiring no new transmission infrastructure. It will continue to operate alongside ongoing cropping activities, occupying less than 3 percent of the total site. Once operational it is expected to power around 202,000 Victorian homes and offset approximately 1.2 million tonnes of greenhouse gas emissions per year. Construction is expected to commence in late 2025 and take two to three years.
Corack Road Service Station & Food Premises
Proposal for a 24-hour unmanned service station with food and drink premises, associated buildings, and signage at 39 Corack Road, Donald. The application includes plans for fuel storage and wastewater treatment.
Tower Rd, Donald
A residential masterplan for 59 two-storey and three-storey townhouses incorporating a heritage-listed water tower.
Longerenong College Facilities Upgrade
A $6.5 million upgrade funded via the Victorian Government Agricultural College Modernisation Program delivering modern student accommodation and communal amenity buildings. The works provide capacity for 30 additional students alongside multipurpose facilities to support vocational training, regional agricultural education, and corporate events.
AgTIDE DATA Farm Project (Longerenong College)
A digital agriculture demonstration and training farm at Longerenong College, enabling students and industry to trial and adopt agtech. The DATA Farm integrates ~200 devices and ~500 sensors capturing ~30,000 data points per day across a ~1,000+ hectare commercial grain and livestock operation, supported by Victorian Government funding and an on-site Innovation Centre.
2,792 residents of Yarriambiack are employed, from a labour force of 2,860. Unemployment sits at 2.4%, with participation at 53.5%. Weighted for its industry mix, the area's sectors are forecast to grow about 5.8% nationally over five years. That reflects industry composition only and makes no allowance for local population growth. 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 local labour force across Yarriambiack is distributed across both white-collar and blue-collar occupations, supported by a solid presence in essential services and an unemployment rate of only 2.4%. As of March 2026, employed residents stand at 2,792, keeping joblessness 1.3% beneath the 3.7% recorded for Regional Vic., even though labour force participation (53.5%) trails the 61.1% seen across Regional Vic.. Additionally, 14.9% of residents reported working from home at the Census, a figure potentially shaped by Covid-19 lockdown measures. Agriculture, forestry & fishing, health care & social assistance, and education & training represent the primary employment sectors for local residents.
The workforce exhibits exceptional specialization in agriculture, forestry & fishing, where local employment concentration reaches 3.8 times the regional benchmark. In contrast, construction constitutes only 5.5% of local employment relative to 10.4% across the wider region. Comparing the resident workforce to Census workplace counts suggests that internal employment opportunities within the boundary remain constrained. AreaSearch evaluations of ABS and SALM figures indicate that during the 12 months to March 2026, the local labour force diminished by 3.4% and total employment contracted by 1.8%, while the unemployment rate decreased by 1.6 percentage points. Over the same timeframe across Regional Vic., employment declined by 0.1%, the workforce decreased by 0.3%, and unemployment fell by 0.2 percentage points. Looking forward, Jobs and Skills Australia employment projections from Mar-26 provide indicative national workforce trends over five- and ten-year horizons. Nationally, jobs are projected to rise by 6.6% across five years and 13.7% over ten years, with performance varying by sector. Weighting these sectoral paths against Yarriambiack's current workforce structure suggests potential local job growth of 5.8% over five years and 12.8% over ten years, noting this is an illustrative extrapolation that excludes local demographic projections.
Frequently Asked Questions - Employment
Median household income in Yarriambiack is $1,099 a week (about $57,000 a year), with median personal income at $624 a week. ATO records put median taxable income at $49,700 a year against an average of $67,200. 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 release of ATO postcode data for financial year 2023, taxpayers in the Yarriambiack SA2 generated a median income of $49,700 and an average income of $67,200, matching national patterns and comparing to $50,954 (median) and $62,728 (average) across Regional Vic.. Factoring in Wage Price Index growth of 9.62% since financial year 2023, updated estimates as of March 2026 reach approximately $54,481 for median income and $73,665 for average earnings. Census 2021 records place personal, family, and household earnings within the 7th to 14th percentiles nationally. The largest income band contains 1,862 residents (29.8%) earning between $400 - 799 per week, contrasting with the metropolitan region where 30.3% earn $1,500 - 2,999.
Although housing expenditures remain contained with 94.1% of income retained, overall disposable earnings sit at the 16th percentile across the country.
Frequently Asked Questions - Income
Yarriambiack had 2,718 occupied dwellings at the 2021 Census, 96% detached houses and 1% apartments. 23% are owned with a mortgage, 17% rented and 60% owned outright. At that Census the median rent was $166 a week and the median mortgage repayment $672 a month. Rent absorbs 15.1% of household income here and mortgage repayments 14.1%. Dwelling stock, tenure and housing costs are 2021 Census measures — the only source that counts dwellings at this boundary size.
Detail
Census records indicate that the residential stock in Yarriambiack consists of 96.1% separate houses and 4.0% other dwellings such as apartments and semi-detached properties, whereas Regional Vic. features 90.1% houses and 9.9% other dwellings. Outright home ownership is particularly elevated at 59.6%, substantially exceeding Regional Vic. levels, while mortgaged properties make up 23.4% and rented homes account for 17.0%. Monthly mortgage commitments show a median of $672 compared to $1,430 across Regional Vic. and an Australian average of $1,863. Similarly, median weekly rents of $166 sit well below the $285 recorded for Regional Vic.
and the national figure of $375.
Frequently Asked Questions - Housing
Yarriambiack counted 2,718 households at the 2021 Census, averaging 2.1 people each. 19% are couples with children, fewer than in 89% of areas nationally, against 33% couples without children. 37% of households are people living alone, and families average 2.2 children. Household and family composition is measured only by the Census, so these are 2021 figures.
Detail
Family units constitute 61.6% of all households, encompassing couples without children (32.6%), couples with children (19.3%), and single parent arrangements (8.9%). Non-family living arrangements account for the remaining 38.4%, dominated by lone person households at 36.5% alongside group dwellings at 1.9%. The median household size stands at 2.1 people, tracking below the Regional Vic. average of 2.4.
Frequently Asked Questions - Households
13.2% of adults in Yarriambiack hold a university qualification, including 9.5% with a bachelor degree and 1.5% with postgraduate qualifications, lower than 76% of areas nationally. A further 28.8% hold a vocational qualification. 14 schools serve the area, with 885 enrolment places and an average ICSEA of 966 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 attainment in the region shows university qualification rates at 13.2%, which is noticeably lower than the 33.4% recorded across VIC, highlighting a critical area for targeted educational programs. Bachelor degrees account for 9.5% of qualifications, followed by graduate diplomas at 2.2% and postgraduate degrees at 1.5%. Vocational training is widely held, with 39.6% of residents aged 15+ possessing trade or technical credentials, including 28.8% with certificates and 10.8% with advanced diplomas. A substantial 25.8% of the population is actively engaged in formal studies. This cohort comprises 9.8% enrolled in primary schools, 8.9% attending secondary education, and 1.8% undertaking tertiary studies.
Frequently Asked Questions - Education
Schools Detail
Getting around Yarriambiack means driving: households keep an average of 1.6 vehicles, and scheduled services reach only a handful of stops. Service data is built from operators' published GTFS timetables; vehicle ownership is from the 2021 Census.
Detail
Public transport operations in Yarriambiack encompass 31 transit stops across 8 distinct routes, providing a combined 53 weekly passenger journeys. Transport connectivity remains constrained, with the average distance to a stop measuring 991 meters. Reflecting an outward commute pattern, private vehicles represent the main transit choice at 86%, while 11% walk. Private vehicle ownership sits at an average of 1.6 per household. In addition, 14.9% of residents worked from home according to the 2021 Census, subject to potential COVID-19 influences. Service frequency stands at an average of 7 trips per day across the network, generating roughly 1 weekly trips for each transport stop.
Frequently Asked Questions - Transport
Transport Stops Detail
55.7% of residents in Yarriambiack report no long-term health condition, a less healthy profile than 91% of areas nationally. 9.5% need daily assistance with core activities, and 52.6% hold private health cover. The standardised death rate runs at 7.2 per 1,000 residents. Health conditions, assistance needs and insurance are 2021 Census measures; the death rate comes from current ABS releases.
Detail
Health metrics evaluated by AreaSearch indicate notable challenges across Yarriambiack regarding chronic illness rates and mortality, influencing both younger residents and older cohorts. Private health insurance coverage covers roughly 53% of the population (~3,287 people), which sits marginally higher than the typical SA2 and compares to 50.5% across Regional Vic.. Arthritis and mental health conditions are the most prevalent ailments locally, affecting 13.2% and 9.9% of residents respectively, whereas 55.7% of the community reported having no long-term medical conditions compared to 63.4% across Regional Vic.. Chronic ailments are elevated among the working-age cohort.
Furthermore, residents aged 65 and over comprise 31.3% of the community (1,958 people), exceeding the 24.0% share in Regional Vic., with senior health vulnerabilities ranking higher on a national scale than the wider population.
Frequently Asked Questions - Health
Yarriambiack is largely Australian-born, at 92.6% of residents, with 3.2% speaking a language other than English at home. The largest reported ancestries are Australian (34.7%) and English (31.2%). Ancestry, language and country of birth are counted only by the Census, so these are 2021 figures.
Detail
Cultural diversity measures in Yarriambiack track below national averages, with Australian citizens making up 89.8% of residents, 92.6% born in Australia, and 96.8% communicating exclusively in English at home. Christianity forms the dominant religious faith, claimed by 57.4% of the population relative to 47.3% across Regional Vic.. In terms of parental lineage, the leading ancestries reported across Yarriambiack are Australian at 34.7% (exceeding the regional benchmark of 29.6%), English at 31.2%, and Scottish at 8.7%. Notable variations also appear among other ancestries, including German heritage representing 7.3% locally compared to 3.5% regionally, while Irish ancestry accounts for 8.4% compared to 9.7% regionally.
Frequently Asked Questions - Diversity
The median resident of Yarriambiack is 52, older than 94% of areas nationally. 18.4% 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
Yarriambiack displays an older age distribution relative to Regional Vic., with seniors aged 65+ making up 31.3% of the population as at August 2026 compared to 24.0% regionally, while young to middle-aged adults (25 - 44) account for 17.4% versus 23.1% regionally. The estimated median age remains at 52, matching the 2021 Census and exceeding the Regional Vic. mark of 43 and national median of 38 recorded at that time. The most pronounced shift since the Census is a reduction in the 45 - 64 age group, dropping from 28.6% to an estimated 25.7%.
By 2041, no broad age group is expected to expand materially, with middle-aged, young retiree, child, and young adult cohorts projected to contract.
Frequently Asked Questions - Age
Data & MethodBoundaries, Sources & Method for Yarriambiack
8 of 14 data sections on this page were updated within the last 12 months — the newest current to Sep 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 8 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 | Sep 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 Sep 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 3 sections | ||
| Infrastructure projects | Infrastructure Australia, State agencies, Local governments Daily | Jul 2025 about a year ago all 2 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 Jul 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 — 9 validated new addresses here. The headline figure is therefore a current estimate for Aug 2026, not a 2021 count (6,501 at the 2021 Census → 6,250 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 (215011394). QuickStats reports 2021 only — the figures on this page are more current wherever the ledger shows a later date.