Bill Brown, considered the grandfather of Australian cricket, had died at 95, media reported late Monday.
Brown died at a nursing home in Brisbane on Sunday, News Limited reported.
The cricketer was among the last batch who played Test cricket for Australia before World War II.
He was also one of the "Invincibles" who played in the 1948 tour of England where Australia, led by Don Bradman, went undefeated.
Only four of the Invincibles side are still alive - Neil Harvey, Arthur Morris, Sam Loxton and Ron Hamence.
Former Test captain Steve Waugh told News Limited Brown was a mentor.
"He certainly had a very big influence over my era," Waugh said. "I was very keen to have him involved in the Australian side because I looked at Bill and though he was what the baggy green was all about."
Brown is survived by his wife Barbara, three sons and 10 grandchildren.
Brown played in just 22 Tests owing to World War II, during which he served in the Pacific as a Royal Australian Air Force flight lieutenant.
Resuming his Test career after an eight-year gap in 1946, Brown led the Aussies in their first ever Test against New Zealand for his only stint as captain.
He once said that some impatient fans, desperate to see their favourite, "would give you rapturous applause when you got out and walked off the field, but that was only because you were letting Bradman bat.
"And he rarely let them down."
Brown compiled a Test record of 1592 runs at an average of 46.82 and his four tons, including two at Lord's, where he made 206 in 1938.
He retired a decade later after playing two Tests on the Invincibles tour.
Born in Toowoomba in 1912, Brown moved to Sydney as a child.
Following his Ashes debut in 1934 he became player-coach at Queensland and moved on to Brisbane two years later.