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The world's largest gold nugget was found in Australia on 5 February 1869. This was the "Welcome Stranger", and it measured 61cm by 31cm. It was discovered by prospectors John Deason and Richard Oates at Moliagul, which is about halfway between Maryborough and St Arnaud in western Victoria. Because no scales of the time could actually handle the weight of the nugget, it had to be broken into three pieces by a blacksmith in order to be weighed: it weighed in at over 2300 ounces, or 70 kilograms. Deason (Deeson) and Oates were paid £19,068 for their nugget which became known as "Welcome Stranger".

This is not the same as the large "Welcome Nugget" found in Ballarat in 1858.

Another large gold nugget found in Australia was the "Golden Eagle". It was discovered by sixteen-year-old Jim (or Jack) Larcombe on 8 January 1931 in Larkinville, Western Australia. It was found only 45cm below the surface of the ground, and it weighed 1136 troy ounces, or 35.3 kilograms. 62cm long, the nugget required two men to lift it. It was given the name "Golden Eagle" because it had an unusual resemblance to a bird.

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