I looked up the Yackandandah story. If the battery itself cost $200,000 as reported, then the installed cost would be around $300,000.
It is a 274 kWH battery. It would keep ten houses going for a day, or 20 houses going for 12 hours. Yackandandah has 1800 people, say 450 houses, so a 12-hour supply would require 22.5 of those batteries at a cost of $6.75M.
I guess it can be done but a diesel generator would keep going as long as you kept the fuel up to it.