With the little community firmly established as a stop for both Bathurst Bullet daily return services to Sydney, and a bus running to and from Oberon for train passengers, attention has turned to the old station master's cottage.

The Tarana Valley Community Group has already received government funding that has been used to fix up the fencing around the property.

"We are redoing the building and turning the old station master's cottage into a place that can be a community hub," Tarana's Tim Poulter said.

"We have one of the only original signal boxes left, so that will also be redone so that people can come and play with them.

"All the signs are original and what levers pull for which train are all going to be in working condition."

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The group is working with State Rail and Lithgow City Council to fix up the toilets at the station.

"It's really important for the station and people who visit - for example, there is a bus for people coming from Oberon that arrives each morning and when they arrive, they have to wait with no toilets," Mr Poulter said.

"So if you're bursting, you have to wait until the XPT or the Bullet train arrives and go on the train.

"So currently we are looking at designs for that, but the original signs outside will stay the same. We are hoping to have that completed by Christmas."

Members of the group said they want to make the space somewhere people are excited to visit and make it another tourist attraction in Tarana.

It's been a big two-and-a-half years for Tarana, which became a stop for the original and second Bathurst Bullet in 2019.

Transport for NSW chief operating officer Howard Collins visited in August 2020 to have a look at the restoration project at Tarana Station and to speak to members of the Tarana Valley Community Group.

Tarana Station also got an Opal Card Reader in August 2019.