Preston missed out on automatic promotion on the final day of the home and away season, but blew away Chesterfield 4-0 on aggregate over two legs to set up a first ever Wembley excursion for both Luongo and Wright for the decider on 25 May (AEST).
Swindon came through 7-6 on aggregate against Sheffield United after a crazy 5-5 draw at the County Ground to set Wright and fellow Aussie, Preston midfielder, Neil Kilkenny, on a confrontation course with Luongo.
Centre back Wright - in his fifth year with the team that was relegated in 2011 – is promising the silky Luongo a "battle" as the prize for place in the Championship goes on the line.
"I am sure we will be rubbing shoulders and there won't be any going easy on each other at all," said the combative defender, who has three caps for his country and is expected to be named in the squad for next month's FIFA World Cup qualifier against Kyrgyzstan in Bishkek.
"Mass likes to get into areas where he can create something and I'll be looking to close down any dangerous situations.
"We keep in touch from time to time and like me it's his first time at Wembley and he will be just as hungry as I am to make sure he leaves as a winner.
"He's had a great season for his club and also for country and he's obviously going to be a danger for us.
"I know what he's like … he's very focused and determined as a person and is a really good lad, as well as a top player.
"He's one who is definitely capable of playing at a higher level and he's got the right mental attitude to match his ability."
Preston beat the Robins at home but lost away during the regular season and will fancy its chances of piercing a Swindon defence, which caved in all too easily in Tuesday morning's (AEST) spellbinding clash against the Blades – a match hailed as an instant classic and the most memorable play-off match in English Football League history.
"We certainly fancy ourselves against anybody in this division," he said. "As a team we mix things up a bit … we get it forward fast when we need to play but can also play out from the back.
"We have a lot of firepower up front and have hurt a lot of teams this season."
Wright rates his Wembley date as the biggest occasion of his football life.
"It's somewhere I have always dreamed of playing," he added. "It's going to be a massive crowd and the atmosphere will be immense and will hopefully bring out the best in us"
Wright is back to his best after undergoing groin surgery mid-season.
"If I hadn't had the operation I wouldn't be playing the part I am now," he said. "I am getting back to where I need to be now. And nothing beat these sorts of matches."
Preston has yet to win a play-off final in three attempts – the last of which was in 2005.
Wright, who was part of the North End side beaten over two legs by Rotherham last year, said: "We have learned from that experience and will be better for that.
"The previous play-off final defeats are in the past and there are new players and staff here now and that's not weighing down on us at all."
While not a first choice starter for the Socceroos as he plays second fiddle to Matthew Spiranovic, Trent Sainsbury and Alex Wilkinson, Wright believes his game has evolved under the tutorship of coach Ange Postecoglou.
"We have some good players in that position and it was never going to be easy to breakthrough," he said. "I just need to be ready when the chance does come.
"Every manager has their own style and Ange's is a very possession based way of playing and international football and throws up different scenarios. I think I've learned a lot in my time with the national team.
"International football is certainly a lot more tactical than club football."