Gympie Mayor Ron Dyne is inspecting the damage caused by a flood peak of 18.44 metres in the southeast Queensland town.
Gympie Mayor Ron Dyne is inspecting the damage on Wednesday morning after the river peaked at 18.44 metres about 2am (AEST).
He says about 34 businesses in the CBD are flooded with up to 60cm of water and one home is believed to be impacted.
The mayor says a lot of farming country has been inundated.
'It didn't come up as fast and wasn't as vicious (as last month's flood),' he told AAP.
'But we're not breathing a sigh of relief.
'People are just sick of it, we've had two floods in a month.'
The level of the river is starting to fall in the CBD, but about 136 people remain in two evacuation centres in the town.
But Mr Dyne said morning rain was delaying a drop in the river level.
'It's just a light scatter, which is just annoying more than anything.'
'It's slowly going down, but when I say slowly, I mean very slowly.'
South of the town, the Bruce Highway is still cut at Traveston.
Mr Dyne said the road would stay that way until the river level dropped below 14m.
Rural Fire Service crews will be called in later on Wednesday to hose out flooded businesses.
The mayor said the flood peak was 'a tad lower' than a peak of 20.3 metres last month but frequent floods were testing people's patience.