Sherwood is 8.3 kilometres (5.2 mi) south west of the Brisbane CBD  and borders the Brisbane River. The suburb is mostly low and medium-density housing with a retail strip centred along Sherwood Road.
On 24 October 1885 auctioneer John F. Buckland offered 268 suburban blocks (mostly 16 perches) 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 (now Marlborough Street) to the north and Honour Avenue to the west (and north of Lilly Street). The land was formerly the home of judge Pope Alexander Cooper who died in 1923.
Sherwood has a number of heritage-listed sites, including:
- Sherwood Road: Berry and MacFarlane Monument
- 39A Turner Street: Sherwood Arboretum, a large botanical garden and lake fronting the river which was planned and landscaped in the 1920s.
Places of worship
- Sherwood Uniting Church, cnr Sherwood Rd and Thallon Street
- St Matthew's Anglican Church, cnr Sherwood and Oxley Rd
- Sherwood Methodist Church, Oxley Rd
- Sherwood Romanian Seventh-day Adventist Church, Sherwood Rd
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.
The suburb is serviced by the Sherwood railway station which links Ipswich and the Springfield Central lines to the Brisbane central business district. Bus services along Oxley Road link the Centenary suburbs to Indooroopilly and the Great Circle Line service passes through the suburb.
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 (other records indicate 23 March). The first head teacher (Headmaster) 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 (toilet);
1878 – School changed its name to Sherwood State School.
1890 – Shingle roofing replaced with corrugated iron;
1893 – Measles and influenza out break reported;
1914 – World War 1;
1917 – Three additional classrooms added;
1925 – Students planted 100 trees in school grounds;
1926 – Limited electricity was provided;
1927 – 33 additional 3 acres (12,000 m2) of land purchased;
1928 – First telephone installed
1936 – Three more classrooms added; electrical gramophone and wireless (radio) provided to the school
1937 – School moved to its current location/site.
1939 – World War II began with a first aid, ambulance post and air raid trenches placed under buildings;
1950 – Polio outbreak;
1959 – School enrolment peaked at 1034 students;
1962 – Tuck Shop opened;
1965 – Parent and Citizen's Association was formed; tennis court resealed and fenced;
1967 – Pool opened;
1984 – School purchased first computer;
1991 – After school care services established;
2000 – School Hall opens;
2006 – Preparatory building constructed
2007 – Inaugural prep class commences
2012 – New Sports Hall;
2017- School celebrated 150th Anniversary;
The Sherwood Sharks swimming club uses the Sherwood State School Pool.
In the 2016 census, 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 (excluding SARs and Taiwan) 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.
- Australian Bureau of Statistics (27 June 2017). "Sherwood (Brisbane City) (State Suburb)". 2016 Census QuickStats. Retrieved 9 August 2018.
- "Tennyson Ward". Brisbane City Council. Brisbane City Council. Retrieved 19 March 2017.
- "Sherwood (entry 43029)". Queensland Place Names. Queensland Government. Retrieved 27 July 2014.
- "Brisbane City (suburb) (entry 46580)". Queensland Place Names. Queensland Government. Retrieved 27 July 2014.
- Distance calculated based on coordinates given in  and 
- "The Township of Sherwood Estate". 1885. hdl:10462/deriv/18399. Cite journal requires
- "Classified Advertising". The Brisbane Courier. XL (8, 668). Queensland, Australia. 24 October 1885. p. 8. Retrieved 26 November 2019 – via National Library of Australia.
- "Commercial". The Telegraph (4, 105). Queensland, Australia. 6 November 1885. p. 2. Retrieved 26 November 2019 – via National Library of Australia.
- "Classified Advertising". The Brisbane Courier. XLV (9, 498). Queensland, Australia. 23 June 1888. p. 10. Retrieved 26 November 2019 – via National Library of Australia.
- Fones, Ralph (1 January 1993). "Suburban conservatism in the Sherwood Shire 1891-1920". UQ eSpace. Retrieved 2 March 2020.
- "Advertising". The Telegraph (17, 250). Queensland, Australia. 16 March 1928. p. 20. Retrieved 26 November 2019 – via National Library of Australia.
- "Sherwood Station EState". 1928. hdl:10462/deriv/280867. Cite journal requires
- "Sherwood State School (entry 650032)". Queensland Heritage Register. Queensland Heritage Council. Retrieved 10 February 2018.
- "Berry & MacFarlane Monument (entry 600292)". Queensland Heritage Register. Queensland Heritage Council. Retrieved 19 June 2013.
- "Sherwood Arboretum (including the John Herbert Memorial Vista) (entry 602456)". Queensland Heritage Register. Queensland Heritage Council. Retrieved 19 June 2013.
- "Sherwood State School: History". Department of Education, Training and Employment. Retrieved 23 December 2014.
- "HAPPY RETIREMENT". The Brisbane Courier. Qld.: National Library of Australia. 6 February 1932. p. 16. Retrieved 12 October 2013.
- Schneider, Laurel; Jones, Robyn; Sherwood State School Parents' and Citizens' Association (1992), The shaping of Sherwood : a history of Sherwood State School, 1867-1992, Sherwood State School, ISBN 978-0-646-08775-7