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I've certainly seen a few BSA No 4 Mk I rifles about - I know at least one person who owns one, and I've had a few shooting acquaintances at the range ask me what the "M47C" markings on their No 4 rifle means - but they do seem to be a lot less common than the Longbranch or Savage models for some reason.
New Zealand had quite a few No 4 rifles though, so I supect many of them made their way to Australia over the years.
Plenty of Savage & Longbranch, Britsh made No4s are quite scarce here to