As much as there has been a significant increase in the development of railway systems in recent years, one of the significant drawbacks on this mode of transport is ground-borne vibrations and noise emanating from vehicle-track interaction in service. This greatly affects the ecology and physical surroundings of the railway track. Experimental tests and Finite Element modal and complex eigenvalue analysis are conducted to investigate the dynamics of a traction wheelset and rail track. This is done to establish the correlation between the short pitch rail corrugation in the Belfast to Steelpoort railway line, in the Limpopo Province of South Africa, with railway wheel-tract resonance at low frequencies of excitation. A 3D Finite Element Method (FEM) and complex eigenvalue analysis are used to validate the resonance modes of the wheelset and rail track obtained through experimental modal analysis. Mode shapes are determined for natural frequencies that match the excitation frequency induced by short pitch rail corrugation. The results show that based on average train speeds around track curves, the excitation frequency induced by corrugation matches (quite reasonably) natural frequencies of the wheelset. Whilst the wheelset FEM results are in better agreement, they rather prove the correlation to occur at 100 Hz. In a previous study by the authors, at the average speeds per track curve, the corrugation excitation frequency was found to be 108 Hz. The current study goes further by investigating natural frequencies of rail tracks. Moreover, mode shapes of a traction wheelset and rail tracks are also investigated, and the results are presented herein.