Centennial Park is home to a number of wild animals including birds, rabbits, and foxes.

[3] Centennial Park started out as a reserve to protect the central ponds and swamps which formed early Sydney's water supply.

Part of the funding was to come from selling off residential lots adjacent to the park, but this did not occur until 1904 when 101 acres (41 ha) of land along the western border was subdivided.

No wooden buildings or terrace homes were allowed; brick or stone were mandated, with tile or slate roofs.

Between 1905 and 1925, a wide range of substantial, quality homes were built, featuring a mixture of Federation, Arts and Crafts, Victorian and Old English styles.