Thank you. So I guess we are talking about this place "Teviotville".
From the Google Earth images I can make out features which could be the alignment of a former railway line. I traced it (blue line).
The only significant hill in the neighbourhood which resembles the one shown in your initial post could be this one south-east, nearly 4km away.
My traced railway line seems to fit nicely to the terrain, with the distinct hill in the distance.
And that distant hill looks plausible, too (SE corner), with the "Teviot Brook" flowing in the valley east.
In case this is the area you mean and the hill in question, it seems that either your DEM or your map/vectors are somewhat out of place. How were they created and combined?
(There is another protruding hill further down south, at -28.055286°, 152.682748°, east of "Bunburra Road" but nothing that looks like a railway alignment nearby, either.)