Silverchair frontman Daniel Johns puts Newcastle home he bought at the age of 17 for just $360K on the market for $3m

Silverchair rocker Daniel Johns is about to make a huge profit on the very first house he bought at age 17 for just $360,000.

The rocker has put the Newcastle property up for sale for a whopping $3 million.

Johns bought the house in 1996, shortly after his 17th birthday, after signing a three-album deal with his band in 1994.

The four-bedroom, two-bathroom home is located in the beachside suburb of Merewether, more than two hours north of Sydney.

It was the first investment property for Johns, who spent $645,000 on another Merewether home a few months later.

Silverchair rocker Daniel Johns is set to make a huge profit on the very first house he bought at age 17 for just $360,000

In 2000, the singer paid $1.4 million for a five-bedroom Merewether home, where he still lives.

Daniel’s Silverchair bandmates Ben Gillies and Chris Joannou recently revealed exactly how the iconic rock band ended.

The pair wrote about Silverchair’s demise in their recently released joint memoir, claiming Daniel put them on an “emotional rollercoaster” by breaking up the band multiple times – only to change their minds.

However, things eventually came to an end when the trio performed at the Groovin’ The Moo music festival in 2010.

The rocker has put the Newcastle property up for sale for a whopping $3 million

The rocker has put the Newcastle property up for sale for a whopping $3 million

Johns bought the house in 1996, shortly after his 17th birthday, after signing a three-album deal with his band in 1994.

Johns bought the house in 1996, shortly after his 17th birthday, after signing a three-album deal with his band in 1994.

The four-bedroom, two-bathroom home is located in the beachside suburb of Merewether, more than 2 hours north of Sydney

The four-bedroom, two-bathroom home is located in the beachside suburb of Merewether, more than 2 hours north of Sydney

Gillies said he received a “confusing phone call” from Johns shortly after the performance, during which he uttered the two words “It’s inevitable.”

Although Johns never explicitly said the band was breaking up, Gillies and Joannou were later informed by their manager that it was over and that a press release would go out to the media announcing their ‘indefinite hiatus’.

‘We wanted to scream. It shouldn’t have ended this way,” the pair wrote in their memoir.

“Even if all three of us weren’t on the same page about the path forward together, we deserved to go out in a way that celebrated our achievements as a band,” they continued.

It was the first investment property for Johns, who spent $645,000 on another Merewether home a few months later

It was the first investment property for Johns, who spent $645,000 on another Merewether home a few months later