New flood peak for Qld town of Gympie February 27, 2013 - 2:33AM For the second time in a month the town of Gympie in southeast Queensland is bracing for a flood peak that will inundate some homes. The Mary River is expected to reach 19 metres some time before 6am on Wednesday - four metres above the flood level. The peak was revised from 18 to 19 metres on Tuesday evening. Mayor Ron Dyne says the new level makes a big difference. We're probably now going to have to go up to around 40 or 45, and probably three to four houses at this stage," he told AAP. Weather bureau hydrologist Jess Carey says once the Mary River peaks, it should begin subsiding pretty quickly. "By late Thursday it should be almost back to normal," he said. "As far as the rain goes, you'd have to think the worst is over for Gympie," he said. The threat to Bundaberg has also passed. We think Bundaberg will have some scattered showers, with about 10mm today.