Severe Tropical Cyclone Maila on Thursday is forecast to slowly turn towards far north Queensland after stalling between Solomon Islands and Papua New Guinea for several days.
The category four system is currently producing wind gusts of up to 260km/h after setting a new record as the strongest cyclone recorded so far north in the Solomon Sea.
It is set to weaken as it interacts with landfall closer to PNG and gradually treks toward Queensland's coast in the coming days.
However, residents in Queensland's far north are still wary of its potential impact, with the system likely to initially follow a similar path to March's Cyclone Narelle when it crosses the coast.
Maila is currently forecast to make landfall between Cooktown and Lockhart River on Tuesday as a category two system, the Bureau of Meteorology's Jonathan How said.
"There is still some variation in the exact timing among the computer models, but confidence is increasing that Maila's track will take it towards northern parts of Cape York peninsula," he said.
"But it is still five days away, and Maila's exact path, timing and strength will be influenced by a number of factors before then."
Maila is on track to cross close to where Narelle hit Cape York on March 20 before it left a trail of damage across the Top End and Western Australia.
It regained strength after crossing northern Australia and slammed into WA's northwest, peaking as a category four system as it destroyed buildings, felled trees and triggered flooding.
The bureau on Thursday warned that Cape York communities could expect further damaging to destructive winds, potentially intense rainfall, flooding and coastal erosion upon Maila's arrival.
Another cyclone would be a blow to a region still cleaning up Narelle's mess.
Maila was at one stage rated a category five system before it resumed its slow trek toward Australia.
Maila's location at sea has so far kept the most damaging winds away from major population centres.
Footage showed destruction of property in remote parts of the Solomon Islands' Western and Choiseul provinces.
National broadcaster SIBC reported that three members of one family had gone missing after a boat capsized in heavy seas.
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