South East Queensland and northern NSW are in it for the long haul with ex-Tropical Cyclone Alfred, forecasters have warned, with severe weather and flood warnings still in place for large parts of the east coast.

Brisbane is "unlikely" to see destructive winds with Cyclone Alfred forecast to weaken to a category one system as it moves across Moreton Bay islands on Saturday morning.

A cyclone has been downgraded to a tropical low but its impact is still being felt with a region reeling from major flooding with more wild weather forecast.

More than 330,000 homes remain without power across south-east Queensland as Ex-Tropical Cyclone Alfred moves inland.

The Bureau of Meteorology is now predicting Cyclone Alfred to cross the coast Friday night or early Saturday morning, most likely between Noosa and Coolangatta. Take a look back at our live blog.

Residents in Queensland's south-east has been warned of life-threatening flooding that will be caused by intense rain before and after Tropical Cyclone Alfred's landfall.

South East Queensland and northern NSW are in it for the long haul with ex-Tropical Cyclone Alfred, forecasters have warned, with severe weather and flood warnings still in place for large parts of the east coast.

Alfred is forecast to make landfall near Brisbane, the capital of Queensland and Australia’s third largest city.

The Bureau of Meteorology has been accused of failing to warn Hervey Bay of severe storms that dumped more than 300mm of rain on the coastal community, causing flash flooding and a string of swiftwater rescues.

Residents in Cyclone Alfred’s danger zone have been warned they only have hours to escape, while there are fears an entire coastal city in northern NSW will be inundated with water.

Tropical Cyclone Alfred is located 560 km east of Brisbane and the Sunshine Coast and gale force winds are expected to develop over the next 24 to 48 hours along widespread moderate to major flooding say the Bureau of Meteorology.

Australia’s east coast is bracing for tidal surges, intense rainfall, strong winds and flooding as a cyclone is expected to veer toward the country’s third-biggest city.