Despite upheaval in the property market, the PRDnationwide NSW research manager is confident his 2009 picks will be a good growth story as revealed for the first time in this report.
"Look for bargains in good suburbs and sort your finances to make the most of low interest rates," he said.
"This is the property way to wealth."
The suburbs Mr Tiller has identified are Leichhardt, Summer Hill, Stanmore, Rozelle, Granville, Liverpool, Fairfield, Macquarie Park, North Ryde and Belrose.
Four in the hot spot list are located in Sydney's inner west, three in the West and three in the North.
Houses or units have been nominated in these suburbs depending on which are likely to perform best, according to Mr Tiller.
"Suburbs have been chosen based on current pricing levels, infrastructure, property trends, access to amenity and other factors," said Mr Tiller.
"Buyers should be on the lookout for discounted opportunities in more desirable locations, repositioning themselves to best take advantage of lower interest rates as well as looking to capitalise on a strengthening rental market."
"2009 appears to be a year of consolidation for some and strategic positioning for others."
And why should we listen to him?
Maybe because the suburbs he picked could be real estate gold in a slow market.
"Investors will be enticed into the market as increased rents and declining funding costs maximise rental yields."
Mr Tiller said the PIE formula was a simple way to remember the key fundamentals which buyers should follow when purchasing property in the current environment.
Population growth, as a healthy population growth generally leads to healthy property market;
Infrastructure and investment, supported by sufficient current and future infrastructure and amenities;
Employment opportunities and diversity, Locations close to employment nodes or potential job growth/access, along with proximity to employment centres is a key consideration.