THE Prince Street gauge in Grafton, which yesterday afternoon reached a peak of 7.64 metres had already dropped to 6.69 metres by 6.30am this morning and was steadily falling.
Further down river, Ulmarra is now sitting at a steady 5.56 metres with Maclean sitting at 2.97 metres and steady.
The steady and falling river heights follow a day of anxiety yesterday where some residents of Brushgrove, Ulmarra and Cowper were evacuated after predictions the river would over-top down-river levees.
In a further reprieve, the Bureau has predicted only a few showers for the area today.
The Pacific Highway is still cut both North and South of Grafton and traffic is still being diverted through the Summerland Way at this stage.
For the latest Flood Watch information and weather forecasts, visit bom.gov.au.
For the latest on road closures and traffic hazards, visit rta.nsw.gov.au.