But he said money left over from the $2 billion rail link could be used to fund other upgrades at the station and he had asked Bayswater City Council to form a wish list of priorities.
Mr Nalder said the station could be put underground in the future and the City should include this in its structure plan.
The City is currently assessing tenders from consultants to prepare the Bayswater Town Centre Structure Plan, set to be completed in nine months.
Baysie Rollers chairman Scott Adams, whose group requested the meeting, said they were “very happy” to get something from the minister.
Mr Adams said a survey they completed last year showed 89 per cent of the 200 people interviewed agreed the station needed to be significantly upgraded as part of the Forrestfield Airport Link.
“Although we’re happy with the changes made, we’re going to continue to advocate for a complete upgrade of the station, as part of a well-resourced structure plan for Bayswater town centre,” he said.
Mr Adams said issues likely to form the wish list included increased shelter, seating and car parks, improved pedestrian access and safety and to address the bicycle path that currently runs through the car park.
Deputy mayor Stephanie Coates said the meeting was “positive”.
“He said a major upgrade like sinking Bayswater train station would not be part of the Forrestfield Airport Link project because they want to deliver that on time and on budget,” Cr Coates said.
“Most exciting is they’re willing to look at our top 10 to 12 priorities for that train station.”
Cr Coates said Mr Nalder said he would also look at installing a warning system for trucks to address truck crash issues.
The priority list will be discussed at tonight’s council meeting and if passed, will involve community consultation.
The Forrestfield Airport Link is likely to increase commuters through Bayswater train station to 20,000 people a day.