|Population||19,526 (2006 census; All of Cheltenham)|
|Location||19 km (12 mi) from Melbourne|
|LGA(s)||City of Bayside|
|State electorate(s)||Sandringham, Mordialloc|
|Federal Division(s)||Hotham, Goldstein, Isaacs|
Pennydale is the original name of a neighbourhood in the suburb of Cheltenham in Melbourne, Victoria, Australia. Traditionally, Pennydale is that part of Cheltenham lying between Bay Road (to the north), Reserve Road (to the west), Park Road (to the south) and the Frankston railway line, and is entirely within the current local government area of the City of Bayside. Pennydale is approximately 19 km south-east of Melbourne's central business district.
To the north-east of Pennydale on the opposite side of the railway line and within Cheltenham is a large shopping centre called Westfield Southland which was initially completed in 1968. It has been expanded in a number of stages over the years, including a retail bridge across Nepean Highway containing shops in it.
In honor of Edwin Thomas Penny's work as a Moorabbin Shire councillor (1903–08), a local post office branch opened in 1956 and was named after him to avoid confusion with other local post office branches such as Cheltenham and Highett. The post office lasted for more than 40 years before it was officially closed in 1999. Pennydale has been applied to the bayside part of Cheltenham since the 1950s and in some cases is still in use.
The site of the Pennydale Post office is now part of the Bay Road East Shopping Centre, a small shopping strip with restaurants, milk bars as well as offices and apartments.
Olympic Avenue Kindergarten is located in Pennydale, adjacent to Pennydale Park.
Bus routes service both railway stations and Southland shopping centre.
Bus route 822- Sandringham to Chadstone, via Southland Shopping Centre: (includes the following route in Cheltenham, with streets within Pennydale in bold: Bay Road, Jack Road, Park Road, Charman Road, Nepean Highway, Southland)
Bus routes /828- Hampton to Berwick, via Southland Shopping Centre: (includes Bay Road in Pennydale, between Graham Road and the Frankston Railway Line)
There are three parks located in Pennydale. They are:
- Cheltenham Park
- Pennydale Park
- Tulip Grove Park
- Cheltenham, Victoria
- Cheltenham railway station
- City of Bayside
- Southland railway station
- Westfield Southland
- "Village Development comes to Cheltenham". Leader - Herald Sun. Retrieved 9 February 2015.