Other toys tipped for the tree include the Sylvanian Families Regency Hotel, Lego City Fire Station and the Scalextric Micro Maximum Mayhem.
The relatively inexpensive Zhu Zhu Pet Hamsters, previously known as Go Go Hamsters, return to the list after demand led to them selling out weeks before Christmas last year.
A VTech children's digital camera and the Baby Annabel, advertised as "just like a real baby" with the ability to burp and fall asleep, also make the Woolworths top 10 list.
"We are advising parents to shop early, especially if their child is expecting the Jetpack Buzz Lightyear. Although we aim to meet the high demand, the popularity of this particular toy may mean that we see it fly off the shelves with the same excitement as the Go Go Hamsters last Christmas."