Hi there
I'm in Melbourne too. You can get compounded losec at the Royal Childrens Hospital and also at Monash Medical Centre.
I get mine from Monash, it costs $31.50 for 300ml. You have to make sure your doc writes the script in a particular way to get it at that price though - you need two scripts. If your doc isn't sure get them to ring the pharmacist.
I would highly recommend Don Cameron, he is Mr Reflux in Melbourne. He works at the RCH but it is really hard to get an appointment there, much easier at his rooms in Clayton - let me know if you want the info.
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