Prince Harry will reportedly stay in a $40 million Sydney waterfront apartment in June.

Prince Harry

Prince Harry

The 32-year-old flame-haired royal's team are believed to have secured the lavish eight-bedroom property for when he comes to visit the Australian city next month to celebrate the country hosting the Invictus Games in 2018.

Harry is believed to be "making arrangements" for his girlfriend Meghan Markle to be with him at the games next year, and New Idea reports that it could become a temporary home for the 'Suits' actress.

However, the couple are hoping to keep their visit "low-key" and will arrive alone.

A source added: "[Meghan] will fly in separately and they're hoping to keep it very low-key."

Harry and Meghan will also be heading to Toronto for this year's Invictus Games in September.

The loved-up couple may get a trial run of living together then as well, as Harry could stay with Meghan whilst he's there.

A source previously said: "Harry has a lot on his agenda over the coming months but will be very hands-on with organising the Invictus Games. He will be working with the local organising committee to ensure that everything goes smoothly. He's a huge fan of Toronto and has had nothing but support from everyone involved. Of course it will also give him a legitimate reason to spend more time with Meghan, he's truly smitten."