diff --git a/pyproject.toml b/pyproject.toml
index 163ce53..6304dcc 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -1,6 +1,6 @@
 [tool.poetry]
 name = "pydase"
-version = "0.8.2"
+version = "0.8.3"
 description = "A flexible and robust Python library for creating, managing, and interacting with data services, with built-in support for web and RPC servers, and customizable features for diverse use cases."
 authors = ["Mose Mueller <mosmuell@ethz.ch>"]
 readme = "README.md"
diff --git a/src/pydase/observer_pattern/observable/observable_object.py b/src/pydase/observer_pattern/observable/observable_object.py
index 82f0e70..aa39413 100644
--- a/src/pydase/observer_pattern/observable/observable_object.py
+++ b/src/pydase/observer_pattern/observable/observable_object.py
@@ -1,4 +1,5 @@
 import logging
+import weakref
 from abc import ABC, abstractmethod
 from collections.abc import Iterable
 from typing import TYPE_CHECKING, Any, ClassVar, SupportsIndex
@@ -12,8 +13,8 @@ logger = logging.getLogger(__name__)
 
 
 class ObservableObject(ABC):
-    _list_mapping: ClassVar[dict[int, "_ObservableList"]] = {}
-    _dict_mapping: ClassVar[dict[int, "_ObservableDict"]] = {}
+    _list_mapping: ClassVar[dict[int, weakref.ReferenceType["_ObservableList"]]] = {}
+    _dict_mapping: ClassVar[dict[int, weakref.ReferenceType["_ObservableDict"]]] = {}
 
     def __init__(self) -> None:
         if not hasattr(self, "_observers"):
@@ -88,19 +89,23 @@ class ObservableObject(ABC):
         if isinstance(value, list):
             if id(value) in self._list_mapping:
                 # If the list `value` was already referenced somewhere else
-                new_value = self._list_mapping[id(value)]
+                new_value = self._list_mapping[id(value)]()
             else:
                 # convert the builtin list into a ObservableList
                 new_value = _ObservableList(original_list=value)
-                self._list_mapping[id(value)] = new_value
+
+                # Use weakref to allow the GC to collect unused objects
+                self._list_mapping[id(value)] = weakref.ref(new_value)
         elif isinstance(value, dict):
             if id(value) in self._dict_mapping:
                 # If the dict `value` was already referenced somewhere else
-                new_value = self._dict_mapping[id(value)]
+                new_value = self._dict_mapping[id(value)]()
             else:
-                # convert the builtin list into a ObservableList
+                # convert the builtin dict into a ObservableDict
                 new_value = _ObservableDict(original_dict=value)
-                self._dict_mapping[id(value)] = new_value
+
+                # Use weakref to allow the GC to collect unused objects
+                self._dict_mapping[id(value)] = weakref.ref(new_value)
         if isinstance(new_value, ObservableObject):
             new_value.add_observer(self, attr_name_or_key)
         return new_value
@@ -139,6 +144,9 @@ class _ObservableList(ObservableObject, list[Any]):
         for i, item in enumerate(self._original_list):
             super().__setitem__(i, self._initialise_new_objects(f"[{i}]", item))
 
+    def __del__(self) -> None:
+        self._list_mapping.pop(id(self._original_list))
+
     def __setitem__(self, key: int, value: Any) -> None:  # type: ignore[override]
         if hasattr(self, "_observers"):
             self._remove_observer_if_observable(f"[{key}]")
@@ -237,6 +245,9 @@ class _ObservableDict(ObservableObject, dict[str, Any]):
         for key, value in self._original_dict.items():
             self.__setitem__(key, self._initialise_new_objects(f'["{key}"]', value))
 
+    def __del__(self) -> None:
+        self._dict_mapping.pop(id(self._original_dict))
+
     def __setitem__(self, key: str, value: Any) -> None:
         if not isinstance(key, str):
             raise ValueError(
diff --git a/tests/observer_pattern/observable/test_observable_object.py b/tests/observer_pattern/observable/test_observable_object.py
index 6c9eb29..74c8a47 100644
--- a/tests/observer_pattern/observable/test_observable_object.py
+++ b/tests/observer_pattern/observable/test_observable_object.py
@@ -311,3 +311,51 @@ def test_list_remove(caplog: pytest.LogCaptureFixture) -> None:
     # checks if observer key was updated correctly (was index 1)
     other_observable_instance_2.greeting = "Ciao"
     assert "'my_list[0].greeting' changed to 'Ciao'" in caplog.text
+
+
+def test_list_garbage_collection() -> None:
+    """Makes sure that the GC collects lists that are not referenced anymore."""
+
+    import gc
+    import json
+
+    list_json = """
+    [1]
+    """
+
+    class MyObservable(Observable):
+        def __init__(self) -> None:
+            super().__init__()
+            self.list_attr = json.loads(list_json)
+
+    observable = MyObservable()
+    list_mapping_length = len(observable._list_mapping)
+    observable.list_attr = json.loads(list_json)
+
+    gc.collect()
+    assert len(observable._list_mapping) <= list_mapping_length
+
+
+def test_dict_garbage_collection() -> None:
+    """Makes sure that the GC collects dicts that are not referenced anymore."""
+
+    import gc
+    import json
+
+    dict_json = """
+    {
+        "foo": "bar"
+    }
+    """
+
+    class MyObservable(Observable):
+        def __init__(self) -> None:
+            super().__init__()
+            self.dict_attr = json.loads(dict_json)
+
+    observable = MyObservable()
+    dict_mapping_length = len(observable._dict_mapping)
+    observable.dict_attr = json.loads(dict_json)
+
+    gc.collect()
+    assert len(observable._dict_mapping) <= dict_mapping_length