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Just one. The Commonwealth of Australia.

Australia is an island continent of 7,686,850 sq km.

The country of Australia fits exactly into the continent of Asutralia.

Some may argue that the principality of Hutt River is a country. It is not. The Hutt River Province Principality is a large farming property about 595 km north of Perth, Western Australia. It was founded in April 1970 by farmer Leonard George Casley when he and his family and associates proclaimed their secession from Western Australia. However, neither Australia nor any other nation has acknowledged recognition of the Province publicly.

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