Mermaid Waters is primarily a residential suburb, featuring many homes built along artificial canals and lakes. Mermaid Waters is located inland just south of Broadbeach Waters and is an older residential area. The canal estate is close to the tourist hub of the city of Gold Coast and some of the best beaches on the Gold Coast, including Mermaid Beach.
Pacific Fair, the Gold Coast's largest shopping centre, is five minutes away. Robina Town Centre, one of the Coast's largest shopping centres is 10 minutes away.
Mermaid Water has extensive waterways for boating and fishing enthusiasts it is also close to the Robina's freshwater lakes system and its kilometres of walk and cycleways. The Burleigh Golf Course is ofive-minute drive away with a number of resort style courses all within about 15 minutes including, Robina Woods, Lakelands, The Colonial and Palm Meadows.
Mermaid Beach also boasts three themed 18-hole courses at Putt Putt Golf Mermaid Beach. There is a Jungle Trail, Fun Run and the Waterways Cove where you can encounter exotic animals, conquer motorised obstacles and cruise along a water filled putting adventure. Open every day and night from 9am until 10pm. location: 2492 Gold Coast Highway, Mermaid Beach.
The suburb derives it name from the Mermaid, a cutter ship that brought Australian surveyor John Oxley to the region in 1823. Oxley named the area where he landed "Mermaid Beach". The adjacent area to the west eventually became known as "Mermaid Waters".
Mermaid Beach is bounded to the west by the artificial canals of adjacent Mermaid Waters and to the east by the Pacific Ocean. To the north is the suburb of Broadbeach, to the south Miami. The Gold Coast Highway passes through Mermaid Beach. The Mermaid Beach Surf Lifesaving Club was established by United States Army personnel stationed here during World War II. The Gold Coast Oceanway travels along Hedges Avenue, often referred to as "millionaires mile".