Does the royal family own property in Australia?
To coincide with the coronation of King Charles III on 6 May, API Magazine takes a look at the royal family's enormous property portfolio and explores just how much of that is in Australia and overseas.
King Charles III owns only 22 per cent less than Queen Victoria did during the height of the Empire. (Image source: Shutterstock.com)
When King Charles III became King he inherited from his mother, the late Queen Elizabeth II who died on 8 September aged 96, an enormous property portfolio.
Although the coronation on 6 May is full of symbolism and pageantry, he has already taken the title of King. The ceremony formalises the monarch’s role as the head of the Church of England and marks the transfer of his title and powers but it is not actually necessary for the monarch to be c…
