Since time immemorial, Australia has been considered the 'lucky country', which has been associated with prosperity, growing living standards, and chances for owning one's home. However, in recent times, many Australians feel stressed even with the continued economic growth in terms of inflation rates, unaffordable housing, and escalating housing costs. For this research, data has been sourced from the Australian Bureau of Statistics (ABS), and it will be analyzed with respect to wages, inflation rates, wealth from housing, housing costs, and housing ownership in Australia. With the help of a number of visualizations, the study aims at finding out if Australians are really better off and deserving of the term 'lucky country'.