Barakula is a locality in the Western Downs Region of Queensland, located north of Chinchilla.
In need of sleepers for the construction of the Great Western Railway, Queensland Railways built a tramway in 1911 to transport timber from a sleeper sawmill in the Barakula State Forest to the junction point at Chinchilla.
The route of the Barakula tramway was based on an earlier plan to construct a railway line from Chinchilla to Taroom that was subsequently abandoned in favour of a railway line from Miles to Taroom.
The Waaje Fire Tower #4 is located in the Barakula State Forest, and was listed on the Queensland Heritage Register on 25 January 2018.
In the 2021 census, Barakula had "no people or a very low population".
