The Festival of Light celebration returns to Junction Place in Wodonga on Saturday night.
Lanterns will be hung at the square to mark the Sri Lankan Vesak celebration.
Albury-Wodonga Sri Lankan Buddhist Association member Thilanka Dissanayaka said it was the fifth time it had been marked in the region.
"It's the biggest celebration of the year for Buddhist people," he said.
"This lantern festival is commemorating the philosophy of Lord Buddha, which is about helping people make a better life for themselves and bringing good thoughts into the world."
The association has moved to different locations in recent years but Mr Dissanayaka said being at Junction Place in 2018 helped with attendance.
"Everyone liked being in the square and having the lanterns hung up in the CBD of Wodonga," he said.
"We'd invite anyone to come along."
Vesak is celebrated across the world and coincides on the first full moon of the lunar month of Vesakha, which usually falls in May.
The event kicks off from 5pm tonight.
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