The Saraton Theatre covered by floodwaters in 1956, one of the many occasions it was inundated.

The Saraton Theatre covered by floodwaters in one of the many occasions it was inundated.

During Jan 2013 Floods. Photo supplied by friend.

During Jan 2013 Floods. Photo supplied by friend.

A view of the flooded Clarence River at Grafton at 6pm 13 January 2011 Wednesday. Photo: ADAM HOURIGAN/The Daily Examiner.

THE FLOOD threat for the Clarence Valley appears to be easing with readings showing steady or falling river levels along the river.

Lifesaver: The Grafton flood levee of 8.1 metres was just enough to avert a disaster.

Lifesaver: The Grafton flood levee of metres was just enough to avert a disaster.

Flood images of the Clarence Valley NSW 2001 - Maclean - March 2001

Flood images of the Clarence Valley NSW 2001 - Maclean - March 2001

File:Floods at Grafton, 11 March 1890 (5347991012).jpg

File:Floods at Grafton, 11 March 1890

Grafton bridge - March 2001

Grafton bridge - March 2001

Grafton and South Grafton - March 2001

Grafton and South Grafton - March 2001

Grafton flood photos and update | Finda

The Clarence River at Grafton peaked near metres around on Saturday, creating major flooding.

Grafton flood photos and update | Finda

The Clarence River at Grafton peaked near metres around on Saturday, creating major flooding.

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