A new report has revealed that Miley Cyrus has lost more than $A1 million in the sale of her Malibu mansion she once shared with ex-husband Liam Hemsworth.
WATCH: Miley Cyrus pays tribute to Liam Hemsworth in 2019 New Years video
Despite paying $2.525 ($A3.75) million for the property in 2016, Radar Online reports the sale price was significantly dropped after it damaged by the Malibu fires in 2018.
The report states the Wrecking Ball star sold the palatial property for just $1.7 million ($A2.52 million) in the latest deal – an $825,000 ($A1.23) million difference.
The contract for the two-storey home was inked on January 24, according to RadarOnline, just days before the pair’s marriage was officially dissolved.
The pad was directly next door to a $6.8 million property bought in 2014 by Aussie, Liam, which was also destroyed in the fire.
After the devastating event, the pair took to social media to share a heartbreaking before and after picture of the home, with only a “love” sign left among the rubble.
Last week it was confirmed that Miley and Liam had officially finalised their divorce.
The former A-list couple announced their shock split last August, just seven months after surprising fans by tying the knot.
According to TMZ a judge has finalised Liam and Miley’s divorce after they recently agreed a settlement.
Both stars have moved on to new relationships. Miley is currently dating Aussie singer, Cody Simpson, while Liam is currently dating model Gabriella Brooks.
Related stories
Native ad body.
Native ad body.
Native ad body.
