Yes, it is Coolac
The embankment in the background is the Hume Highway bypass where is crosses over the branch. Unfortunately with the amount of grass it is difficult to discern the line, even from the embankment. The old Level Crossing at Coolac took me three attempts to locate, and even then it is just some rails showing amongst the roadside growth.
There are also some ex-SAR "Super Chooks" in a property almost behind where I took the photo.
Over to 7334