[3][4] Rakula consists of land located in the south-west corner of the cadastral division of the County of Palmerston and which adjoins the coastline with the Timor Sea to the west.

This includes parts of the hundreds of Glyde and Milne on the locality’s northern side and parts of the hundreds of Hart and Blyth on its eastern side.

Its name is derived from a local aboriginal word which means "country".

[8][3][9] The Finniss River flows through and reaches the sea within Rakula.

[10] The 2016 Australian census which was conducted in August 2016 reports that Rakula had 99 people living within its boundaries.