Albury will be considered by FFA and FIFA to host international teams as a training base for the 2023 Women's World Cup.
Australia and New Zealand were announced as co-host of the biggest international women's sporting event on Friday, with Albury included in the big as one of Australia's major regional hub options.
The major redevelopment of Lavington Sports Ground was a key factor of the bid for Albury, as well as the airport to fly teams in and out.
Albury mayor Kevin Mack said the push will be to secure the venue as a training facility, but hasn't ruled out the chance to host a match.
"I reckon we're a good chance of being a training base, but if we can get a game as well, the world's your oyster," Cr Mack said.
"We've hosted the A-League here before and I was in my first or second year as mayor and the referees looked at the ground and rated it international friendly standard in terms of surface.
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"They did such a good job with the surface that you couldn't see the cricket wicket.
"We're pretty confident with all the stuff we've done in the past that it holds us in greater stead."
Lavington Sports Ground hosted England and Zimbabwe in the Cricket World Cup in 1992 and securing a Women's World Cup fixture would be another major feather in the cap.
"This particular announcement is really timely because they will be looking at the venue in the next six months and I think it will value-add to the bid because when they first saw it they were looking at pictures and now they'll have it in front of them," Cr Mack said.
"The viewing, all the areas for training, the changerooms are just spectacular and you've got the other ground as well that can fit two soccer fields on it and access to four changerooms there.
"There's a whole lot of room up there that we never had before. We can still fit 10,000 to 12,000 up there with the extra grandstand space."
Council events team leader Ros Walls was thrilled FFA and FIFA chose Albury as a regional hub.
"Lavington ticks all the boxes for what FFA and FIFA need at a regional level," she said.
"I think we put in a great bid and now we wait because it's back in the hands of FIFA as to what they do.
"That's why we have redeveloped Lavington Sports Ground with this vision to host these international events."
Murray United technical director Adam Carty said the region could be a big winner with it receiving international exposure.
AWFA president Mark Leman agreed the World Cup would provide a chance to grow the game locally.