Small Crudely Made Cast Iron Scottish Terrier Dog / Scotty Dog 
Approx. 5cm x 4cm high and 140g (solid cast iron)
Not sure on the age of this fella as it's an estate piece. 
The gentleman that owned it worked for Queensland Rail and it could possibly be a "foreigner" as was done a lot by the guys back in the day and he worked for QR from about 1950-1970 at the Ipswich Workshops.