The court handed down its judgement this afternoon in the case which was filed by Foxtel and Village Roadshow in February.
ISPs were required to block The Pirate Bay, Torrentz, TorrentHound, IsoHunt and SolarMovie, according to the court ruling.
But Federal Court Judge John Nicholas did not grant the copyright holders leave to issue out-of-court orders to carriers to block any other sites.
The costs of blocking the sites would be borne by the rights holders, with the court determining that it would cost $50 to block each domain.
The site blocking will have to be done under court supervision.
Changes to the copyright laws last year made it possible for content owners to apply to the courts to seek injunctions against ISPs so that they would have to block sites that were deemed to be infringing the content owners' rights.
The court also ruled that content owners would have to pay the costs of the case.
The respondents in the case were Telstra, Optus, M2 (now Vocus Communications) and TPG.