diff --git a/osu.Framework.Tests/Audio/DrawableAudioWrapperTest.cs b/osu.Framework.Tests/Audio/DrawableAudioWrapperTest.cs
new file mode 100644
index 0000000000..ae87f5ef46
--- /dev/null
+++ b/osu.Framework.Tests/Audio/DrawableAudioWrapperTest.cs
@@ -0,0 +1,63 @@
+// Copyright (c) ppy Pty Ltd <contact@ppy.sh>. Licensed under the MIT Licence.
+// See the LICENCE file in the repository root for full licence text.
+
+using System.Threading;
+using NUnit.Framework;
+using osu.Framework.Audio;
+using osu.Framework.Audio.Track;
+using osu.Framework.Bindables;
+using osu.Framework.Graphics.Audio;
+using osu.Framework.Testing;
+using osu.Framework.Tests.Visual;
+
+namespace osu.Framework.Tests.Audio
+{
+    [HeadlessTest]
+    public partial class DrawableAudioWrapperTest : FrameworkTestScene
+    {
+        [Test]
+        public void TestAdjustmentsPreservedOnOwnedComponentAfterRemoval()
+        {
+            TrackVirtual track = null!;
+            SlowDisposingDrawableAudioWrapper wrapper = null!;
+
+            AddStep("add slow disposing wrapper for owned track",
+                () => Child = wrapper = new SlowDisposingDrawableAudioWrapper(track = new TrackVirtual(1000)));
+            AddStep("mute wrapper", () => wrapper.AddAdjustment(AdjustableProperty.Volume, new BindableDouble()));
+            AddStep("expire wrapper", () => wrapper.Expire());
+            AddAssert("component still muted", () => track.AggregateVolume.Value, () => Is.EqualTo(0));
+            AddStep("allow disposal to complete", () => wrapper.AllowDisposal.Set());
+        }
+
+        [Test]
+        public void TestAdjustmentsRevertedOnOwnedComponentAfterRemoval()
+        {
+            TrackVirtual track = null!;
+            SlowDisposingDrawableAudioWrapper wrapper = null!;
+
+            AddStep("add slow disposing wrapper for non-owned track",
+                () => Child = wrapper = new SlowDisposingDrawableAudioWrapper(track = new TrackVirtual(1000), false));
+            AddStep("mute wrapper", () => wrapper.AddAdjustment(AdjustableProperty.Volume, new BindableDouble()));
+            AddStep("expire wrapper", () => wrapper.Expire());
+            AddAssert("component unmuted", () => track.AggregateVolume.Value, () => Is.EqualTo(1));
+            AddStep("allow disposal to complete", () => wrapper.AllowDisposal.Set());
+        }
+
+        private partial class SlowDisposingDrawableAudioWrapper : DrawableAudioWrapper
+        {
+            public ManualResetEvent AllowDisposal { get; private set; } = new ManualResetEvent(false);
+
+            public SlowDisposingDrawableAudioWrapper(IAdjustableAudioComponent component, bool disposeUnderlyingComponentOnDispose = true)
+                : base(component, disposeUnderlyingComponentOnDispose)
+            {
+            }
+
+            protected override void Dispose(bool isDisposing)
+            {
+                AllowDisposal.WaitOne(10_000);
+
+                base.Dispose(isDisposing);
+            }
+        }
+    }
+}
diff --git a/osu.Framework/Graphics/Audio/DrawableAudioWrapper.cs b/osu.Framework/Graphics/Audio/DrawableAudioWrapper.cs
index 68affe8d6a..74612941fd 100644
--- a/osu.Framework/Graphics/Audio/DrawableAudioWrapper.cs
+++ b/osu.Framework/Graphics/Audio/DrawableAudioWrapper.cs
@@ -142,7 +142,8 @@ internal override void UnbindAllBindables()
         {
             base.UnbindAllBindables();
 
-            component?.UnbindAdjustments(adjustments);
+            if (!disposeUnderlyingComponentOnDispose)
+                component?.UnbindAdjustments(adjustments);
         }
 
         protected override void Dispose(bool isDisposing)