You are standing in Huxtable Park along the stretch of Downfall Creek. Edgar Huxtable surveyed this area in 1864 then known as “DownFall Creek”, and first land sales were in 1865. In around 1903, the local school teacher of the recently opened state school, made efforts to change the name of the area after the then Governor of Queensland, Sir Herbert Chermside (see http://www.abc.net.au/local/stories/2006/03/03/1581009.htm) for more details.
The park itself is a community effort, and the RainForest area in front of you is tantamount to their perseverance.
For cyclists, following Downfall Creek is a pleasant ride – see http://jimmybee9.blogspot.com.au/2013/01/cycling-downfall-creek.html for more info.