The consumer group CHOICE says some home repossessions could be avoided if people were more aware of their rights.
CHOICE says people facing repossession can often apply for an extension on their home loan.
Spokesman Christopher Zinn says many people do not realise they are allowed to make the application.
"It depends on the loan and the lender but at least it does give people other options, other options which at present they may not be aware of," he said.
"If people are going to be missing a repayment on their home loan the first thing they should do is contact their lender and ask what kind of hardship variations are available.
"They should also seek help from a financial counsellor and if more people did this earlier on in the piece there's no doubt there may well be fewer repossessions."
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