The Oberon Tarana plans to establish a tourist railway on the disused Oberon to Tarana railway line. The main priority is the preservation and restoration of the existing rail infrastructure with the first stage focusing on the 5km section from Oberon to Hazelgrove. Accumulation of rolling stock and locomotives is not a current objective and initial operations envisage use of section cars and a railmotor. The line is relatively intact as are the main stations and yards.

The twenty-three kilometre Oberon to Tarana railway line was opened in 1923 and last operated in 1979. It has one of the steepest gradients of any line in New South Wales and is a very scenic railway which descends from the Oberon Plateau through wooded hills and farming country to the beautiful Tarana valley, crossing two creeks and the Fish River.