SIX hundred Goodna residents have been given the all clear to return to their homes after the Brisbane River peaked lower than expected.
The river peaked at 7.97 metres at 7.21am - a metre below the predicted level.
No homes were flooded despite earlier fears several hundred properties could be affected.
Local councillor Paul Tully said Goodna was the luckiest town in Australia.
"Now the task begins for everyone to start bringing all their gear back into their homes.
"Goodna residents are so grateful they were spared from another disaster."