Queensland's second tropical cyclone of the month could form off the coast by New Year's Eve and bring more rain to parts of the state where wet weather records have already been smashed.

Five areas in north Queensland have received rainfall totals not seen for more than 40 years, in part thanks to the drenching associated with ex-Tropical Cyclone Owen earlier in December.

Flooding in Manunda, Cairns, earlier this month after Tropical Cyclone Owen dumped heavy rain in the region. Credit:Marc McCormack - AAP

Cairns has recorded 636 millimetres and Cooktown received 562 millimetres this month, topping records set in 1975. Innisfail has received 751 millimetres, breaking the 1950 record.

Cardwell has had 1031 millimetres and Ingham has recorded 967 millimetres, making this month their wettest December on record.