Great grandmother in Australia - date the photograph please

[IgorStrav]

Apologies, just posting this has made me look again and challenge assumptions. Prompted by another family member the original photo now looks more like it's Margaret's daughter, born in 1894.
That would make her in her mid twenties which fits in nicely with the suggestions made.

I'd say definitely a possibility. 

How many times do we puzzle over family photos where the people who took them, and the people who're in them never thought that relatives in the future would have no idea where, when and who.....

[SkySteve]

It's tantalizing but compelling to work out who's who.  I'm fortunate in that the mystery photos I have were all given to me by the lady I think is in the first photo and are extremely likely to be all family members.
Over the years I've managed to work quite a few out but sometimes it's only doing things like this that give you fresh thoughts and people saying her age was wrong made me break my wrong assumptions and look again.

The outcome of this has been that I've matched the writing on the photo to a letter I have and can confirm it is my great grandmother's daughter Elsie.

Thanks all and sorry for the roundabout way of solving things, I was curious about the year never thinking I had misidentified the person.