The warning comes as over 64,000 households around Victoria still remain without power as wild storms and floods continue to batter the state.
Everyone in the Traralgon Creek area must evacuate and travel to a safe location away from flooding.
A relief centre is open at the Traralgon Basketball Stadium, in Garibaldi St, Traralgon.
Rainfall of 5 to 15mm are forecast for the Traralgon Creek catchment throughout Saturday.
Renewed rises are now occurring in the upper catchment of the creek, with minor to moderate flooding likely to develop.
Derek Harman and his daughter Charlotte look at the floodwater over Canal Rd in Sale. Picture: David CairdSource:News Corp Australia
Floodwater over Canal Rd from a flooding creek at Port of Sale. Picture: David CairdSource:News Corp Australia
Sale remains flooded, with heavier rainfall tipped for Saturday afternoon.
Moderate flooding continues along the Thomson River, with flood levels likely to remain until Sunday.
Sale residents are being urged to contact family members and neighbours to ensure they are aware of the situation.
Minor flooding is also occurring at Wandockda.
FLOODS SHUT HIGHWAY