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Terra Nullius
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The Murray Island situation has been covered in depth and the key point is that the people in that community had a very different, considerably more advanced society to those found on the mainland, it has more in common with PNG than prehistoric Australia.
Where the British found a system of laws and evidence of an actual society in the lands they settled they respected those systems and offered treaties, the reason no treaties were offered to indigenous Australians until recently is because they had nothing to negotiate with and no concept of what the treaty might mean.
Now that most if not all indigenous Australians have adopted a modern understanding of private property and common wealth and having many educated people among their clans to look out for their group interests treaties can and are being signed.
I don't know what the actual figure is but Aborigines today, by way of treaties with the Crown have land rights over something like 20% of the continent yet 60% of them live in the eastern capitals.