Benning said people were welcome to join the display with their vehicles if they wanted, as long as they were on Chadwick St between Cameron Rd and Fraser St between 8am and 9am.
A best-dressed competition will also be held and people are invited to enjoy a dance or two by the rotunda to the 1960s and 1970s covers being played. Street performers and roving entertainers would also be part of the day's activities.
"There are a couple of different things but much of the programme is the same. It's a celebration of all things vintage and retro," Benning said.
"The big change this year is we are running a competition where anyone who shops at 23 of our stores on the day of the fayre is in for a trip to the Gold Coast. So there won't be thousands and thousands of entries because it will only be among those who shop that morning."
Benning said she hoped the event would be held annually. Last year's event was originally meant to be held in March but was cancelled because of a cyclone. It was held in November instead.
Anyone keen on high tea in Greerton is encouraged to book ahead by contacting the Greerton Village office.
What you need to know:
What: Greerton Village Vintage & Retro Fayre
Where: Chadwick Rd area, Greerton
When: 10am-2pm, Saturday, March 17
Cost: Nothing, but stalls will be on display
Dress: Vintage and retro. There will be a best-dressed competition at 12pm but people not dressed in theme are also welcome to enjoy the day.