diff --git a/.changeset/eleven-avocados-walk.md b/.changeset/eleven-avocados-walk.md
new file mode 100644
index 0000000000..af50fb60b2
--- /dev/null
+++ b/.changeset/eleven-avocados-walk.md
@@ -0,0 +1,5 @@
+---
+"svelte": patch
+---
+
+fix: correctly serialize object assignment expressions
diff --git a/packages/svelte/src/compiler/phases/3-transform/client/utils.js b/packages/svelte/src/compiler/phases/3-transform/client/utils.js
index c716bb83b6..595c8db13c 100644
--- a/packages/svelte/src/compiler/phases/3-transform/client/utils.js
+++ b/packages/svelte/src/compiler/phases/3-transform/client/utils.js
@@ -120,7 +120,7 @@ export function serialize_get_binding(node, state) {
  * @param {import('estree').AssignmentExpression} node
  * @param {import('zimmerframe').Context<import('#compiler').SvelteNode, State>} context
  * @param {() => any} fallback
- * @param {boolean} prefix
+ * @param {boolean | null} [prefix] - If the assignment is a transformed update expression, set this. Else `null`
  * @param {{skip_proxy_and_freeze?: boolean}} [options]
  * @returns {import('estree').Expression}
  */
@@ -419,6 +419,7 @@ export function serialize_set_binding(node, context, fallback, prefix, options)
 				}
 			} else if (
 				node.right.type === 'Literal' &&
+				prefix != null &&
 				(node.operator === '+=' || node.operator === '-=')
 			) {
 				return b.update(
diff --git a/packages/svelte/src/compiler/phases/3-transform/client/visitors/global.js b/packages/svelte/src/compiler/phases/3-transform/client/visitors/global.js
index 2834e9ff06..37dd02855f 100644
--- a/packages/svelte/src/compiler/phases/3-transform/client/visitors/global.js
+++ b/packages/svelte/src/compiler/phases/3-transform/client/visitors/global.js
@@ -32,7 +32,7 @@ export const global_visitors = {
 		next();
 	},
 	AssignmentExpression(node, context) {
-		return serialize_set_binding(node, context, context.next, false);
+		return serialize_set_binding(node, context, context.next);
 	},
 	UpdateExpression(node, context) {
 		const { state, next, visit } = context;
diff --git a/packages/svelte/src/compiler/phases/3-transform/client/visitors/template.js b/packages/svelte/src/compiler/phases/3-transform/client/visitors/template.js
index 3134409b85..6a426db0d4 100644
--- a/packages/svelte/src/compiler/phases/3-transform/client/visitors/template.js
+++ b/packages/svelte/src/compiler/phases/3-transform/client/visitors/template.js
@@ -791,9 +791,7 @@ function serialize_inline_component(node, component_name, context) {
 				const assignment = b.assignment('=', attribute.expression, b.id('$$value'));
 				push_prop(
 					b.set(attribute.name, [
-						b.stmt(
-							serialize_set_binding(assignment, context, () => context.visit(assignment), false)
-						)
+						b.stmt(serialize_set_binding(assignment, context, () => context.visit(assignment)))
 					])
 				);
 			}
@@ -1025,7 +1023,7 @@ function serialize_bind_this(bind_this, context, node) {
 	const bind_this_id = /** @type {import('estree').Expression} */ (context.visit(bind_this));
 	const ids = Array.from(each_ids.values()).map((id) => b.id('$$value_' + id[0]));
 	const assignment = b.assignment('=', bind_this, b.id('$$value'));
-	const update = serialize_set_binding(assignment, context, () => context.visit(assignment), false);
+	const update = serialize_set_binding(assignment, context, () => context.visit(assignment));
 
 	for (const [binding, [, , expression]] of each_ids) {
 		// reset expressions to what they were before
@@ -2399,7 +2397,7 @@ export const template_visitors = {
 				if (assignment.left.type !== 'Identifier' && assignment.left.type !== 'MemberExpression') {
 					// serialize_set_binding turns other patterns into IIFEs and separates the assignments
 					// into separate expressions, at which point this is called again with an identifier or member expression
-					return serialize_set_binding(assignment, context, () => assignment, false);
+					return serialize_set_binding(assignment, context, () => assignment);
 				}
 				const left = object(assignment.left);
 				const value = get_assignment_value(assignment, context);
@@ -2780,7 +2778,7 @@ export const template_visitors = {
 				assignment,
 				context,
 				() => /** @type {import('estree').Expression} */ (visit(assignment)),
-				false,
+				null,
 				{
 					skip_proxy_and_freeze: true
 				}
diff --git a/packages/svelte/tests/runtime-runes/samples/state-update/_config.js b/packages/svelte/tests/runtime-runes/samples/state-update/_config.js
index 9d183557f9..4adf2095b8 100644
--- a/packages/svelte/tests/runtime-runes/samples/state-update/_config.js
+++ b/packages/svelte/tests/runtime-runes/samples/state-update/_config.js
@@ -2,6 +2,6 @@ import { test } from '../../test';
 
 export default test({
 	test({ assert, logs }) {
-		assert.deepEqual(logs, [1, 1, 1, 1]);
+		assert.deepEqual(logs, [1, 1, 1, 1, 4, 4]);
 	}
 });
diff --git a/packages/svelte/tests/runtime-runes/samples/state-update/main.svelte b/packages/svelte/tests/runtime-runes/samples/state-update/main.svelte
index 011a3f6931..c0012c74ec 100644
--- a/packages/svelte/tests/runtime-runes/samples/state-update/main.svelte
+++ b/packages/svelte/tests/runtime-runes/samples/state-update/main.svelte
@@ -6,4 +6,6 @@
 	console.log(x++);
 	console.log(++o.x);
 	console.log(o.x++);
+	console.log((o.x += 2));
+	console.log((x += 2));
 </script>