N432 was the last steam locomotive ever built by Newport Workshops, entering service in July 1951 and withdrawn 1966.

N class locomotives were a lengthened and upgraded K class, for use on longer branchline freight services. Most were converted from coal to oil burning, N 432 having this treatment in November 1957.

This exhibit is painted in a livery worn by classmate N430 on the 1951 Jubilee Train, a commemerative train that ran between Melbourne and Adelaide in commeration of the anniversary between Victorian and South Australian Railways workshops.