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Luxury beachside homes are teetering on the edge of a cliff face on the New South Wales central coast as wild weather batters the state. 

As many as 66 homes at Wamberal, are 'at risk' from the erosion after savage weather created a huge swell on the shore. 

Residents from up to 30 houses on one street, Ocean View Drive, were advised to evacuate after consulting with structural engineers.

Up to 66 homes at Wamberal, on the New South Wales central coast (pictured), are classified as 'at risk' after monster waves battered the coast creating erosion on the shore, which also forced the evacuation of homes last week

Residents of up to 30 houses on one street alone, Ocean View Drive, have been advised to evacuate as a precaution after consultation with structural engineers (damaging swell pictured battering the shore)

Chris Rogers, who lives on Ocean View Drive, said at least 40 homes have had their frontage completely destroyed and the State Emergency Service had cut off power, water and gas on the street. 

'They're saying it's a safety precaution, a few of the owners refused to leave. I'm not going anywhere at the moment,' he told AAP.

'You can see inside, they'll lose their decks and maybe that might pull half a wall off but the house isn't going to topple in.' 

'There's a lot more verandahs and balconies that have been toppling in and hanging over the edge. There's just cliff faces now. There's no stairs. There's no access. It's just a dead-set drop.'  

While some residents nervously watched Central Coast council workers erecting sea walls made of concrete, stone and sandbags, a handful of surfers were seen taking advantage of the conditions.

Two men were pictured surfing at the entrance to the Wamberal Lagoon, which burst its banks on Monday morning due to the rain and swell, while another two were seen walking to the shore. 

Meanwhile photos captured the trail of destruction and show walls of houses swept into the sea while concrete bollards stand exposed in the eroded shoreline.

While luxury homes teetered on the edge of falling into the ocean some surfers on the New South Wales central coast took advantage of the conditions (surfer pictured at the entrance to the Wamberal Lagoon on Monday)

The entrance to the Wamberal Lagoon (pictured), burst its banks on Monday morning due to large swell and consistent rainfall on the New South Wales central coast

One week after the evacuations of some properties locals continue to wake up to further destruction, with part of one home's wall coming away from the building due to the wild weather

In other photographs, balconies were seen hanging from homes and structural supports were left completely exposed because of the heavy rainfall this week.  

Wamberal Protection Society vice-president Margaret Bryce says the damage is worse than in 2016 when another severe weather event caused significant erosion along the coastline.  

'The anxiety and the stress of everybody here is palpable and it should be for the rest of Wamberal too,' Ms Bryce said.

'If this dune breaches, that lagoon behind us, all those lower-lying houses which have no meaningful foundations, will be breached too.'

However there is still more to come as Australia's east coast will continue to be lashed by the powerful weather system.

Heavy rainfall, flooding and winds 'strong enough to bring down power lines' have all been predicted for the coming days. 

Extreme weather conditions will continue along the coast of New South Wales as the damaging system moves down the NSW South Coast towards Victoria

There is still more wild weather to come as a powerful weather system will continue to bring heavy rainfall, flooding and winds 'strong enough to bring down power lines'

The low pressure system already drenched the Gold Coast, Central Coast and Sydney on Sunday with some parts of the NSW capital copping more than 100mm of rain.

Sydney, Canberra and Melbourne continue to experience heavy rain as the system moves down the NSW South Coast towards Victoria. 

On top of the wet weather, the NSW capital is also experiencing gale force winds of up to 60kmh.

BOM Meteorologist Grace Legge said there was still severe weather warnings in place for NSW, ACT and Victoria.

'From Monday we will likely see locally damaging winds strong enough to bring down trees and power lines with the main area of concern along the coast south of Taree and severe weather warnings are current,' Ms Legge said.

'The heavier rain fall is forecast to shift to the Illawarra and South Coast and possibly far east Gippsland and Victoria with a flood watch already out for some catchments and the potential for river rises along coastal parts,' Ms Legge continued.

The low pressure system already drenched the Gold Coast, Central Coast and Sydney on Sunday with fears more erosion will be created (rain and massive swell pictured smashing the NSW coast)

Dump trucks (pictured) have been seen lining the street on New South Wale's central coast as luxury homes continue to be 'at risk' of collapsing into the ocean as huge waves erode the shore

With the severe weather warnings in place from Newcastle to Eden in Victoria residents are being urged to avoid flood waters and stay indoors where possible (luxury homes at risk of collapsing into the ocean on the central coast)

'Thunder storms embedded in the system may produce locally heavy falls leading to flash flooding.' 

With the severe weather warnings in place from Newcastle to Eden in Victoria residents are being urged to avoid flood waters and stay indoors where possible. 

On Tuesday, up to 15mm more rain is expected with gusty southwesterly winds of up to 40kmh. 

'Wind and rain are not the only concern with large and powerful waves forecast for Monday and Tuesday,' Ms Legge said.

'This may result in hazardous beach conditions with very heavy surf and coastal erosion especially for south facing surf zones.

'This included the vulnerable Central Coast which suffered significant erosion last week associated with the recent Tasman low.' 

Local photographer Bryce Weick told Daily Mail Australia the homes had been hammered with bad weather in recent days and he couldn't believe the damage (a collapsed veranda is pictured at a house in Wamberal Beach)