Authorities are warning Rockhampton's residents aren't out of the woods yet, with the city's Fitzroy River expected to hover at the flood peak for most of Friday.
The river had been tipped to top 9 metres but peaked at 8.8 metres about midday on Thursday, with authorities saying it could stay at that level for at least 24 hours before starting the recede.
Despite not hitting the predicted high, the flood is still having a major impact on the city, with more than 200 homes having water through them, while 3000 homes and businesses have been affected by the rising water.
Authorities are urging locals not to take the floodwaters for granted and to keep their children out of the water.
Overall however authorities have been extremely happy with how locals have reacted to the flood, praising their community spirit.
There had been no calls to the SES on Wednesday or Thursday and police had only fined five people for ignoring "road closed" signs.
The city is also open by road to the south via a new roadway which stays above floodwaters, meaning supplies can get in and people can get out.
The city's airport remains closed, however flights are being run out of Gladstone airport and a shuttle bus has been set up to take travellers the hour's trip between the two towns.