The name originates from the Wurlaki Aboriginal tribe on the Blyth and Cadell Rivers in Central Arnhem Land.

Like the neighbouring suburb of Anula, Wulagi is largely built on a plateau with a downhill slope on its east side.

[6] Between the 2006 and 2011 censuses there was a marked increase in the 60+ age group, reflecting a more settled population in the area.

[7] The great majority of residences are the original, robustly built post-Cyclone Tracy houses, but, with an increasing proportion of private ownership, frequently have had significant renovation and expansion.

Wulagi Oval, which has a concrete cricket pitch and Australian Football League goal posts,[8] has a well shaded perimeter and is well used.