Identifying the Differences between Street Addresses

Have you ever thought about the differences between an avenue and a boulevard? Did you even know there was a difference?

If you have ever been confused about the differences in street names, the Standards Australia has just revised the usage of street names and numbering.

Here are some of the updated definitions:

  • Avenue: Broad roadway, usually planted on each side with trees.
  • Boulevard: Wide roadway, well paved, usually ornamented with trees and grass plots.
  • Esplanade: Level roadway, often along the seaside, lake or a river.
  • Lane: Narrow way between walls, buildings or a narrow country or city roadway.
  • Promenade: Roadway like an avenue with plenty of facilities for the public to take a leisurely walk, a public place for walking.
  • Street: Public roadway in a town, city or urban area, especially a paved thoroughfare with footpaths and buildings along one or both sides.

A lot of people also wonder whether the names given to thoroughfares affect the worth of the properties situated in it.

It is unlikely that somebody will care about the street title itself, but as an esplanade is found by the water, it likely that properties found on esplanades are likely to be worth more than those found on streets with heavy traffic.

An article was published on in July 2010 that explored the price differences between road and street addresses and it found that street addresses were on average worth about $10,000 more than road addresses.

Avenues, esplanades and parades fetched prices of as much as $400,000 more than streets, whereas route and highway addresses didn’t fare so well.

While the name of the thoroughfare you live on might give somewhat of an indication of the value of the properties on it, there are many other factors at play that help influence property prices, with traffic volume, noise levels, street parking and the general neighbourhood just being a few examples.