The Queanbeyan and Molonglo Rivers are no longer expected to break their banks on Saturday after days of heavy rainfall on the South Coast and Canberra regions.
The SES advised that the Queanbeyan River at Queens Bridge and the Molonglo River at Oaks Estate were currently peaking below the minor flood level.
The Queanbeyan River is steady at its peak of 4 metres while the Molonglo River is at 3.92 metres.
The ACT Emergency Services Agency has responded to 63 incidents since the heavy rainfall began on Thursday, including leaky roofs, fallen trees and fallen powerlines.
An ESA spokesman said most of the jobs had been completed but there could be a change of further fallen trees.
Bureau of Meteorology forecaster Olenka Duma said there may be a shower or two about the South Coast this weekend but the significant rainfall that contributed to flooding had passed.
"We did have some strong winds along the coastal fringe, in particular, with the low pressure system that caused all of this rain ... that system has now moved out to sea," Ms Duma said.
Minor flooding of the Shoalhaven River at Nowra and Terara was expected on Saturday afternoon at high tide but the water level remained below the minor flood level.
The Shoalhaven River reached 1.44 metres at Nowra and 1.34 metres at Terara.
Moruya was also spared from flooding.
Parts of the South Coast have been battered by heavy rainfalls in recent days, with the flooding in the town of Mogo on Friday.
NSW SES deputy incident controller Andrew Galvin said there was some silt and damage to buildings in Mogo and emergency services were working on recovery efforts on Saturday.
NSW SES responded to 29 flood rescues across the south east of the state since Thursday as some locations received up to 200mm of rain.
One woman died on Friday after becoming trapped in a vehicle in floodwaters at Tuross.
Water remains in some low-lying parts of Bega with some properties isolated.
Mr Galvin said there should be a reprieve for the SES volunteers over coming days.
"We're hoping the high-pressure system next week should be fairly safe," he said.
"Throughout NSW all the catchments are saturated so it won't take much to cause minor flooding."
Mr Galvin said the SES would be monitoring the situation and transitioning to recovery efforts.
