diff --git a/Lib/ipaddress.py b/Lib/ipaddress.py
index 9b35340d9ac171..48130a46a76599 100644
--- a/Lib/ipaddress.py
+++ b/Lib/ipaddress.py
@@ -309,7 +309,7 @@ def collapse_addresses(addresses):
                            [IPv4Network('192.0.2.0/24')]
 
     Args:
-        addresses: An iterator of IPv4Network or IPv6Network objects.
+        addresses: An iterable of IPv4Network or IPv6Network objects.
 
     Returns:
         An iterator of the collapsed IPv(4|6)Network objects.
@@ -1839,9 +1839,6 @@ def _string_from_ip_int(cls, ip_int=None):
     def _explode_shorthand_ip_string(self):
         """Expand a shortened IPv6 address.
 
-        Args:
-            ip_str: A string, the IPv6 address.
-
         Returns:
             A string, the expanded IPv6 address.
 
@@ -1985,6 +1982,9 @@ def is_multicast(self):
             See RFC 2373 2.7 for details.
 
         """
+        ipv4_mapped = self.ipv4_mapped
+        if ipv4_mapped is not None:
+            return ipv4_mapped.is_multicast
         return self in self._constants._multicast_network
 
     @property
@@ -1996,6 +1996,9 @@ def is_reserved(self):
             reserved IPv6 Network ranges.
 
         """
+        ipv4_mapped = self.ipv4_mapped
+        if ipv4_mapped is not None:
+            return ipv4_mapped.is_reserved
         return any(self in x for x in self._constants._reserved_networks)
 
     @property
@@ -2006,6 +2009,9 @@ def is_link_local(self):
             A boolean, True if the address is reserved per RFC 4291.
 
         """
+        ipv4_mapped = self.ipv4_mapped
+        if ipv4_mapped is not None:
+            return ipv4_mapped.is_link_local
         return self in self._constants._linklocal_network
 
     @property
@@ -2062,6 +2068,9 @@ def is_global(self):
         ``is_global`` has value opposite to :attr:`is_private`, except for the ``100.64.0.0/10``
         IPv4 range where they are both ``False``.
         """
+        ipv4_mapped = self.ipv4_mapped
+        if ipv4_mapped is not None:
+            return ipv4_mapped.is_global
         return not self.is_private
 
     @property
@@ -2073,6 +2082,9 @@ def is_unspecified(self):
             RFC 2373 2.5.2.
 
         """
+        ipv4_mapped = self.ipv4_mapped
+        if ipv4_mapped is not None:
+            return ipv4_mapped.is_unspecified
         return self._ip == 0
 
     @property
@@ -2084,6 +2096,9 @@ def is_loopback(self):
             RFC 2373 2.5.3.
 
         """
+        ipv4_mapped = self.ipv4_mapped
+        if ipv4_mapped is not None:
+            return ipv4_mapped.is_loopback
         return self._ip == 1
 
     @property
@@ -2200,7 +2215,7 @@ def is_unspecified(self):
 
     @property
     def is_loopback(self):
-        return self._ip == 1 and self.network.is_loopback
+        return super().is_loopback and self.network.is_loopback
 
 
 class IPv6Network(_BaseV6, _BaseNetwork):
@@ -2313,6 +2328,8 @@ class _IPv6Constants:
         IPv6Network('2001:db8::/32'),
         # IANA says N/A, let's consider it not globally reachable to be safe
         IPv6Network('2002::/16'),
+        # RFC 9637: https://www.rfc-editor.org/rfc/rfc9637.html#section-6-2.2
+        IPv6Network('3fff::/20'),
         IPv6Network('fc00::/7'),
         IPv6Network('fe80::/10'),
         ]
diff --git a/Lib/test/test_ipaddress.py b/Lib/test/test_ipaddress.py
index bd14f04f6c6af1..de74e22dab6c51 100644
--- a/Lib/test/test_ipaddress.py
+++ b/Lib/test/test_ipaddress.py
@@ -2415,6 +2415,36 @@ def testIpv4Mapped(self):
         self.assertEqual(ipaddress.ip_address('::ffff:c0a8:101').ipv4_mapped,
                          ipaddress.ip_address('192.168.1.1'))
 
+    def testIpv4MappedProperties(self):
+        # Test that an IPv4 mapped IPv6 address has
+        # the same properties as an IPv4 address.
+        for addr4 in (
+            "178.62.3.251",     # global
+            "169.254.169.254",  # link local
+            "127.0.0.1",        # loopback
+            "224.0.0.1",        # multicast
+            "192.168.0.1",      # private
+            "0.0.0.0",          # unspecified
+            "100.64.0.1",       # public and not global
+        ):
+            with self.subTest(addr4):
+                ipv4 = ipaddress.IPv4Address(addr4)
+                ipv6 = ipaddress.IPv6Address(f"::ffff:{addr4}")
+
+                self.assertEqual(ipv4.is_global, ipv6.is_global)
+                self.assertEqual(ipv4.is_private, ipv6.is_private)
+                self.assertEqual(ipv4.is_reserved, ipv6.is_reserved)
+                self.assertEqual(ipv4.is_multicast, ipv6.is_multicast)
+                self.assertEqual(ipv4.is_unspecified, ipv6.is_unspecified)
+                self.assertEqual(ipv4.is_link_local, ipv6.is_link_local)
+                self.assertEqual(ipv4.is_loopback, ipv6.is_loopback)
+
+    def testIpv4MappedPrivateCheck(self):
+        self.assertEqual(
+                True, ipaddress.ip_address('::ffff:192.168.1.1').is_private)
+        self.assertEqual(
+                False, ipaddress.ip_address('::ffff:172.32.0.0').is_private)
+
     def testAddrExclude(self):
         addr1 = ipaddress.ip_network('10.1.1.0/24')
         addr2 = ipaddress.ip_network('10.1.1.0/26')
diff --git a/Misc/NEWS.d/next/Security/2024-08-07-10-42-13.gh-issue-122792.oiTMo9.rst b/Misc/NEWS.d/next/Security/2024-08-07-10-42-13.gh-issue-122792.oiTMo9.rst
new file mode 100644
index 00000000000000..18e293ba0c03b5
--- /dev/null
+++ b/Misc/NEWS.d/next/Security/2024-08-07-10-42-13.gh-issue-122792.oiTMo9.rst
@@ -0,0 +1,3 @@
+Changed IPv4-mapped ``ipaddress.IPv6Address`` to consistently use the mapped IPv4
+address value for deciding properties. Properties which have their behavior fixed
+are ``is_multicast``, ``is_reserved``, ``is_link_local``, ``is_global``, and ``is_unspecified``.