The CRWA was established as the community guardian of the heritage railway precinct Creswick Victoria. VicTrack spent considerable funds making the buildings fit for occupancy. Hepburn Shire Council, VicTrack & CRWA have a lease agreement. There is an active workshop space in The Goods Shed. The main station buildings are used for community functions. There is an overall flexibility to use the CRW Precinct as an Art & Performance space. It is taking space as an exciting community hub. A Tea Room is also planned.