On 24 October 1885 auctioneer John F. Buckland offered 268 suburban blocks in the Township of Sherwood Estate. Most of the blocks were in the area bounded by Oxley Road to the west, Sherwood Road to the north and the Corinda–Yeerongpilly railway line to the south-east. The remaining blocks were south of the railway line on Railway Terrace. However, only about 40 blocks were sold. On 23 June 1888 auctioneer John F. Buckland offered the remaining 200 suburban blocks in the Township of Sherwood Estate. In 1879, the local government area of Yeerongpilly Division was created. In 1891 parts of Yeerongpilly Division were excised to create Sherwood Division becoming a Shire in 1903 which contained the suburb of Sherwood. In 1925, the Shire of Sherwood was amalgamated into the City of Brisbane. On Saturday 17 March 1928 Herbert Hoare in conjunction with auctioneer Norman C. Cosssart offered 8 suburban sites in the Sherwood Station Estate, which was bounded by Dewar Terrace to the west, Station Street to the north and Honour Avenue to the west. The land was formerly the home of judge Pope Alexander Cooper who died in 1923. At the suburb recorded a population of 5,313.
Sherwood contains a few parks in different parts of the suburb. The Sherwood Arboretum is on the western side of the suburb, bordering the Brisbane River. Hives park borders the Ipswich line on the southern end of the suburb, and contains a Girl Guides building. Thomas Street Park and Strickland Terrace Park is on the eastern end of the suburb, bordering the Oxley Creek. The Stewart Franklin Park is a small park on the southern border of the suburb, next to the Tennyson line.
Sherwood State School, established in 1867 is one of the oldest schools in the state and still has preserved many of its original timber buildings. Sherwood State School was originally known as West Oxley State School and opened on 25 March 1867. The first head teacher appointed to the school was Major William Jenyns Boyd. He was born in Paris in 1842 and migrated to Australia in 1862. In 1868, Oliver Radcliffe was the first name on the roll as a pupil teacher. He became a teacher, a headmaster and then a school inspector. By his retirement in 1932, he was the Chief Inspector for the Queensland Education Department. He personally inspected schools from Coolangatta to Thursday Island and from Rockhampton to the border with South Australia. Other significant 'finger prints' in Sherwood State School's heritage include: 1874 – School builds first Water Closet ;
1878 – School changed its name to Sherwood State School.
1890 – Shingle roofing replaced with corrugated iron;
The Sherwood Sharks swimming club uses the Sherwood State School Pool.
Demographics
In the, the population of Sherwood was 5,313, 52.9% female and 47.1% male. The median age of the Sherwood population was 35 years, three years below the Australian median. 71.2% of people living in Sherwood were born in Australia, similar to the national average of 66.7%. The other top responses for country of birth were England 5.0%, New Zealand 2.5%, India 1.9%, South Korea 0.9%, China 0.8%. 82.3% of people spoke only English at home; other languages include 1.3% Mandarin, 1.0% Korean, 0.8% Spanish, 0.7% Persian, 0.7% Hindi.