Mandurah and Rockingham are among the top 10 suburbs in WA where properties are selling at a loss.
The West Australian reports, statistics from RP Data CoreLogic show more than one in three houses (36.1 per cent) sold for less than their purchase prices in the June quarter.
It is the highest number since RP Data's records began in 1996.
The City of Perth topped the list with 55 per cent of properties selling below their purchase price, a median value loss of $129,500.
Mandurah came in at seventh (41.3 per cent) with home owners losing an average $61,000.
Rockingham was ninth with 39 per cent of houses or units sold at a loss, a median value loss of $60,000.
Peel Thunder cruise into 2026 WAFL grand final
Two teens cautioned, one charged over brutal Falcon attack
Nearly 100 new rentals to be built in Mandurah
Blue swimmer crabs off limits during season closure
Fire crews on scene of Meadow Springs house fire
Perth's southern suburbs declared One Nation's 'heartland' after Secret Harbour by-election victory
Construction contract awarded for Kwinana Freeway upgrade
Port Kennedy humpback whale buried at landfill facility
Secret Harbour by-election: Where to vote on August 29