Firefighters have been able to slow the spread of the Abbeyard blaze overnight, with VicEmergency warnings downgraded just after 6am Saturday.
A watch and act message for Buffalo Creek, Merriang and Merriang South has replaced the evacuate now warning issued at 3.47am while another watch and act message for Buffalo River and Nug Nug replaced the earlier emergency warning.
Department of Environment, Land, Water and Planning said the Abbeyard bushfire was still active and the situation could change at any time.
"You must monitor conditions and be ready to act," the warning said.
"Fire crews are actively working on the fire and protecting private property."
IN OTHER NEWS:
Traffic management points continue to be in place to ensure the safety of residents and fire fighters.
Buffalo River Road is closed at Myrtleford.
Merriang Gap Road is closed at the intersection of Merriang Road, Merriang
The closest relief centre is Myrtleford Senior Citizens Centre, Smith Street Myrtleford.
Otherwise, Latchford Barracks at Bonegilla is accepting people for emergency accommodation.
People seeking assistance with personal hardship can contact the Department of Health and Human Services, Rowan Street Wangaratta or phone (03) 5722 0555 between 8.45am and 5pm.