A central feature of the parkland is the war memorial which commemorates soldiers who lost their life in service during the First World War and the Second World War.
Originally installed to commemorate those who died in service during the First World War, the memorial was later inscribed with the names of those who died in service during the Second World War.
Crows Nest Centenary Park is also home to a sculpture created in memory of historic Aboriginal man Jimmy Crow who, it's believed, lived in a hollow tree (aGunya) near the present Crows Nest Police Station. It is said that Jimmy Crow knew the area well and would help timber-hauling bullock teams and horseman who travelled to the area with directions.
Mr Fred Gardiner was commissioned to sculpt the life-sized 6 ft, 6 in high figure of Jimmy Crow as a lasting tribute to the man who, many consider, Crows Nest owes its name. The Jimmy Crow statue was unveiled in 1969 during the Crows Nest centenary celebrations.
Voluntary workers transferred an 18-foot hollow tree stump to the park and planted a Narrow Leaf Morton Bay Fig Tree on top of it with its roots being trained down to form another living hollow tree as a replica to the one Jimmy Crow is believed to have lived in.