Hepburn coach Clive Raak believes his side played its grand final a week early with a scintillating prelim performance against Newlyn.
Seven days later on the big stage, the Burras were completely outgunned by a hungry and determined Waubra outfit.
"We were red hot last week and we brought nothing to the table today," Raak said after the match.
"And that's grand finals - you've got to be at your best on these days and we certainly weren't.
"Waubra was very good on the day and that's all credit to them."
Raak and his men were out to become the first team to win the flag from outside the top four since the Central Highlands Football League adopted a top eight finals system in 2011.
But the fairy tale never looked likely on Saturday as the Burras trailed by 27 points at quarter time, 35 at the half and 44 at the final change before losing 14.13 (97) to 6.9 (45).
"They were sensational," Raak said of Waubra.
"They were hard at the footy.
"We actually thought going into the game we were a bit worried about their forward line because it was pretty fast. But they were fast in general.
"I thought their backline was superb, their midfield was great. We didn't know what to do, who do we tag? Do we go Nash, do we go Barnes or do we go Lukich? And then the whole three of them were just everywhere."
Raak landed the senior premiership in his first season at the Hepburn helm back in 2013 and returned to the club this year as a joint coach alongside Segifili Asa Leausa.
It wasn't long and Raak was doing the top job on his own again after Asa Leausa decided to step aside from an official role.
Asa Leausa was one of Hepburn's best contributors on Saturday in defence, while veteran winger Ken Cummings collected plenty of ball. Skipper Dan O'Halloran battled away, Julian Lockwood was involved in a large portion of the play and Tommy Horne tried hard from the middle.
While Hepburn suffered defeat in the senior football on Saturday, the Burras claimed A-grade and C-grade premierships on the netball court.