The property market might be bouncing back - with another interest rate cut tipped as early as next week - but about one in 10 Sydney home owners sold their property at a loss in the June quarter.

CoreLogic's latest Pain and Gain report, exclusive to 9News, shows the worst affected areas were Strathfield, Botany Bay and Fairfield.

In Strathfield in the inner west, 22.8 per cent of properties were sold at a loss.

Strathfield was one of the wost-hit suburbs (iStock)

They were held for a median of 3.7 years before being sold and the median loss was $76,000.

In Botany Bay in the city's south, 21.4 of properties percent of homes were sold at a median loss of $61,500.

Meanwhile, in Fairfield in the south west, one in five homes were sold at a loss of 20.1 per cent, costing those owners a median $61,000 each.

Core Logic's Tim Lawless said it's the highest proportion of loss making sales seen in Sydney since 2009 during the GFC.

"I think there will be temptation for many of those property owners to hold out a little bit longer to recoup some of that loss that we've seen over the past two years," he said.

"We're already starting to see some of those losses be clawed back the last few months.

"Sydney values are back up by nearly four per cent."

Real Estate agent Steve Devine, said: "There's no doubt that the height of the market in spring 2017 compared to now, absolutely if someone who bought then, wanted to sell now they are going to be struggling."

Botany Bay fared badly in the report (iStock)

Some suburbs had fewer loss-making sales but the losses were greater: 6.3 per cent of homes in Mosman on the north shore sold at a loss, but the median loss was $457,000.

The median loss in Ku-ring-gai on the upper north shore was $170,000, $150,000 in Lane Cove on the north shore, and $130,000 in The Hills Shire in the north west.

In all cases, the loss-making properties had all been held for four years or less.

On the flip side, the council areas with the greatest number of profit-making sales were the Hawkesbury at 94.5 per cent, the Hills Shire at 94.1 per cent and Randwick in the eastern suburbs at 93.9 per cent.

Leafy Mosman wasn't far behind the biggest loss-making suburbs (iStock)

And most of those who sold for a tidy profit had held on to their properties for almost a decade or longer

Overall, 8.9 per cent of houses in Sydney and 14 per cent of units sold at a loss in the June quarter.

Investors were more likely to sell at a loss than owner occupiers.

Houses sold at a loss were typically held for 2.7 years while units sold at a loss were typically held for 10.3 years.

However, Tim Fisher is confident a spring in the Sydney property market will help sell his Strathfield home.

"It is on the rebound," he said.