Nano-hexaferrite SrFe12O19 has been prepared using the aqueous solution method. The structure and magnetic properties of SrFe12O19 have systematically been investigated by X-ray diffraction (XRD), Thermo gravimetric (TG), Fourier transform infrared spectroscopy (FTIR), Transmission Electron Microscopy (TEM), as well as Vibrating Sample Magnetometer (VSM). The XRD and TEM results showed that the samples are composed of SrFe12O19 nano-particles which are on average 70×50nm in dimensions when treated at 1200°C for 2 hours. The magnetic properties indicated that the saturation magnetization and the intrinsic coercivity were 48 Am2/kg and 506KA/m, respectively. The aqueous solution method is generally applicable to produce the nano-hexaferrite SrFe12O19 and is proved to be a promising method for fast synthesis of nanometer materials using nitrate.