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Formal Dresses Under $500 Australia – Designer Prom Gowns

Shop formal dresses under $500 in Australia — explore an extensive selection of designer prom gowns, school formal dresses and eveningwear within a $500 budget at One Honey Boutique.

Discover statement formalwear from leading Australian and international designers across corset, fitted, A-line, mermaid and ball gown silhouettes.

From luxe satin and sparkling embellishments to structured corsetry, beading and dramatic silhouettes, find an unforgettable gown while shopping within your budget.

Explore Formal Dresses Under $500

Searching for formal dresses under $500 in Australia? One Honey Boutique brings together prom dresses, school formal gowns and evening dresses currently priced below $500, giving you a dedicated destination for shopping designer formalwear by budget.

Find your look for Year 10 and Year 12 formal, prom, graduation, balls, galas, black-tie events, weddings and special occasions across an evolving selection of colours, fabrics and silhouettes.

A budget of up to $500 opens up an extensive selection across the One Honey designer range, including structured corset gowns, sleek fitted silhouettes, flowing A-lines, mermaid dresses, sparkling styles and statement formalwear.

Shopping within a lower budget? Explore our formal dresses under $400 for styles within the previous price tier.

Want even more designer choice? Continue to our formal dresses under $600 collection for an expanded selection of prom, school formal and evening gowns.

Looking specifically for reduced designer styles? Browse our formal dress sale for discounted prom, school formal and evening dresses across multiple price points.

For our complete formalwear range, explore formal dresses Australia, shop prom dresses or discover our evening dresses.

Prices, sizes and availability can change as new gowns arrive, products sell through or pricing changes. Always check the individual product page for the current price, available sizes and ordering information.

Shopping for your school formal? Australia's Largest Dress Register helps protect the exclusivity of eligible registered One Honey gowns for participating school formals and events.

Proudly Australian owned since 2011 with over 1,000+ 5-star reviews, One Honey Boutique is a trusted destination for designer prom, school formal and occasion wear.

Need help choosing your size, checking availability or planning around your event date? Visit our Help Centre for shopping support.

Shop with flexible payment options including AfterPay & Zip.

Discover formal dresses under $500 at One Honey Boutique — designer prom, school formal and evening gowns for your next unforgettable event.

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NEW ARRIVAL USA SIZE XXS - 3XLValentino Lace Corset A-Line Mini Party Dress in Australia | One Honey Boutique
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LAST_CHANCESave 20%Honey Couture Vienna Mocha Strapless Peplum Midi Dress in Australia | One Honey Boutique
Honey Couture Vienna Mocha Strapless Peplum Midi Dress Sale price$135.96 AUD Regular price$169.95 AUD
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LAST_CHANCESave 20%Honey Couture Estelle Ivory Lace Long Sleeve Bodycon Dress in Australia | One Honey Boutique
Honey Couture Estelle Ivory Lace Long Sleeve Bodycon Dress Sale price$135.96 AUD Regular price$169.95 AUD
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LAST_CHANCESave 20%Honey Couture Bianca Ivory Tie Waist Bandage Midi Dress in Australia | One Honey Boutique
Honey Couture Bianca Ivory Tie Waist Bandage Midi Dress Sale price$135.96 AUD Regular price$169.95 AUD
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LAST_CHANCESave 16%Honey Couture Sloane Navy High Waist Bandage Midi Skirt in Australia | One Honey Boutique
Honey Couture Sloane Navy High Waist Bandage Midi Skirt Sale price$75.96 AUD Regular price$89.95 AUD
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LAST_CHANCESave 20%Honey Couture Raven Black Corset Lace-Up Bandage Midi Dress in Australia | One Honey Boutique
Honey Couture Raven Black Corset Lace-Up Bandage Midi Dress Sale price$135.96 AUD Regular price$169.95 AUD
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LAST_CHANCESave 50%Honey Couture Celeste Metallic Silver Plunge Bandage Mini Dress in Australia | One Honey Boutique
Honey Couture Celeste Metallic Silver Plunge Bandage Mini Dress Sale price$160.00 AUD Regular price$320.00 AUD
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LAST_CHANCESave 50%Honey Couture Aurelia Metallic Gold Bustier Bandage Mini Dress in Australia | One Honey Boutique
Honey Couture Aurelia Metallic Gold Bustier Bandage Mini Dress Sale price$160.00 AUD Regular price$320.00 AUD
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LAST_CHANCESave 50%Honey Couture Valentina Off Shoulder Bustier Bandage Mini Dress in Black in Australia | One Honey Boutique
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LAST_CHANCESave 20%Honey Couture Sienna Gold Chain Detail Bandage Mini Dress in Black in Australia | One Honey Boutique
Honey Couture Sienna Gold Chain Detail Bandage Mini Dress in Black Sale price$135.96 AUD Regular price$169.95 AUD
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LAST_CHANCESave 20%Honey Couture AMELIE Plunge Neck Bandage Midi Dress in Nude in Australia | One Honey Boutique
Honey Couture AMELIE Plunge Neck Bandage Midi Dress in Nude Sale price$135.96 AUD Regular price$169.95 AUD
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LAST_CHANCESave 20%Honey Couture BLUSH Lace Back Short Sleeve Bandage Midi Dress in Australia | One Honey Boutique
Honey Couture BLUSH Lace Back Short Sleeve Bandage Midi Dress Sale price$135.96 AUD Regular price$169.95 AUD
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LAST_CHANCESave 20%Honey Couture MINT Strappy Bustier Bandage Mini Dress in Australia | One Honey Boutique
Honey Couture MINT Strappy Bustier Bandage Mini Dress Sale price$135.96 AUD Regular price$169.95 AUD
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Save 20%Honey Couture ZEBRA Strapless Bandage Mini Dress in Australia | One Honey Boutique
Honey Couture ZEBRA Strapless Bandage Mini Dress Sale price$135.96 AUD Regular price$169.95 AUD
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Save 20%Honey Couture NOIR Mesh Panel Bandage Mini Dress in Australia | One Honey Boutique
Honey Couture NOIR Mesh Panel Bandage Mini Dress Sale price$135.96 AUD Regular price$169.95 AUD
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FINAL SIZES AVAILABLESave 20%Honey Couture ZAHARA Geometric Knit Bandage Mini Dress in Australia | One Honey Boutique
Honey Couture ZAHARA Geometric Knit Bandage Mini Dress Sale price$135.96 AUD Regular price$169.95 AUD
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USA SIZE 2 - 14New ArrivalAria 3D Floral Corset A-Line Mini Party Dress in Australia | One Honey Boutique
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USA SIZE 4 - 18NEW ARRIVALELLIANA Strapless Beaded A-Line Formal Gown with Chiffon Skirt & Neck Scarf in Australia | One Honey Boutique
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USA SIZE 2 - 18NEW ARRIVALBEVERLY Satin Two-Piece Strapless Corset Formal Gown in Australia | One Honey Boutique
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USA SIZE 2 - 16NEW ARRIVALEVELYN Satin Two-Piece Square Neck Corset Formal Gown in Australia | One Honey Boutique
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USA SIZE 2 - 16NEW ARRIVALKAYLEIGH Satin Two-Piece Asymmetrical Corset Formal Gown in Australia | One Honey Boutique
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USA SIZE 2 - 16NEW ARRIVALAMBER Satin Two-Piece Corset Formal Gown with Detachable Neck Scarf in Australia | One Honey Boutique
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USA SIZE 0 - 14NEW ARRIVIALKAYLEE Metallic Floral Jacquard Bubble Mini Dress) in Australia | One Honey Boutique
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USA SIZE 0 - 14NEW ARRIVIALGALILEA Crystal Beaded Corset Mini Party Dress in Australia | One Honey Boutique
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USA SIZE 0 - 14NEW ARRIVIALDANIELLA Crystal Ruched Mini Party Dress in Australia | One Honey Boutique
DANIELLA Crystal Ruched Mini Party Dress Sale priceFrom $369.95 AUD
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USA SIZE 0 - 14NEW ARRIVIALLEOLA Ruched Shimmer Mini Party Dress in Australia | One Honey Boutique
LEOLA Ruched Shimmer Mini Party Dress Sale priceFrom $279.95 AUD
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USA SIZE 0 - 14NEW ARRIVIALHEIDI Crystal Beaded Corset Mini Party Dress in Australia | One Honey Boutique
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USA SIZE 0 - 14NEW ARRIVIALCATALEYA Crystal Beaded Mini Party Dress in Australia | One Honey Boutique
CATALEYA Crystal Beaded Mini Party Dress Sale priceFrom $489.95 AUD
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USA SIZE 0 - 12NEW ARRIVALCOURTNEY Crystal Beaded Fringe Mini Party Dress in Australia | One Honey Boutique
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USA SIZE 0 - 10NEW ARRIVIALLILLYANA Beaded Fringe Mini Party Dress in Australia | One Honey Boutique
LILLYANA Beaded Fringe Mini Party Dress Sale priceFrom $469.95 AUD
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USA SIZE 0 - 14NEW ARRIVIALSIERRA Strapless Glitter Corset Mini Party Dress in Australia | One Honey Boutique
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USA SIZE 0 - 14NEW ARRIVAL NOVIA Off Shoulder Beaded Mini Party Dress in Australia | One Honey Boutique
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USA SIZE 2 - 12NEW ARRIVIALNYLAH Crystal Beaded Corset Mini Party Dress in Australia | One Honey Boutique
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USA SIZE 0 - 14NEW ARRIVIALHARRIET Crystal Beaded Mini Party Dress in Australia | One Honey Boutique
HARRIET Crystal Beaded Mini Party Dress Sale priceFrom $319.95 AUD
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USA SIZE 0 - 14NEW ARRIVIALANAYA Crystal Beaded Corset Mini Party Dress in Australia | One Honey Boutique
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USA SIZE 0 - 14NEW ARRIVALKAYLYNN Strapless Liquid Organza Mini Party Dress in Australia | One Honey Boutique
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USA SIZE 0 - 14NEW ARRIVALLARA Metallic Fringe Mini Party Dress in Australia | One Honey Boutique
LARA Metallic Fringe Mini Party Dress Sale priceFrom $279.95 AUD
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USA SIZE 0 - 14NEW ARRIVALDANIELLE Crystal Embellished Mini Party Dress in Australia | One Honey Boutique
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USA SIZE 0 - 14NEW ARRIVALKATALINA Crystal Beaded Mini Party Dress in Australia | One Honey Boutique
KATALINA Crystal Beaded Mini Party Dress Sale priceFrom $369.95 AUD
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USA SIZE 0 - 14NEW ARRIVALKORRINE Crystal Satin Mini Party Dress in Australia | One Honey Boutique
KORRINE Crystal Satin Mini Party Dress Sale priceFrom $279.95 AUD
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USA SIZE 0 - 14NEW ARRIVAL ZARIYA Satin Fit & Flare Mini Party Dress in Australia | One Honey Boutique
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USA SIZE 2 - 16NEW ARRIVALMAUREEN Satin Corset Mini Party Dress in Australia | One Honey Boutique
MAUREEN Satin Corset Mini Party Dress Sale priceFrom $319.95 AUD
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USA SIZE 0 - 14NEW ARRIVALVELMA Strapless Satin Fit & Flare Mini Party Dress in Australia | One Honey Boutique
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USA SIZE 0 - 14NEW ARRIVIALTASA Crystal Pearl Mini Party Dress in Australia | One Honey Boutique
TASA Crystal Pearl Mini Party Dress Sale priceFrom $489.95 AUD
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USA SIZE 0 - 14NEW ARRIVALMONIQUE Crystal Satin Mini Party Dress in Australia | One Honey Boutique
MONIQUE Crystal Satin Mini Party Dress Sale priceFrom $279.95 AUD
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USA SIZE 0 - 16NEW ARRIVAL BONITA Satin Corset Mini Party Dress in Australia | One Honey Boutique
BONITA Satin Corset Mini Party Dress Sale priceFrom $449.95 AUD
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NEW ARRIVAL USA SIZE 0 - 16EMBREIGH Crystal Embellished Fit & Flare Homecoming Dress in Australia | One Honey Boutique
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NEW ARRIVAL USA SIZE 4 - 18ZANNA Sweetheart Floral A-Line Prom & Formal Dress in Australia | One Honey Boutique
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Formal Dresses Under $500 Australia

NEED HELP CHOOSING YOUR DRESS?

Need help with sizing, delivery, ordering or planning for your event? Visit our Help Centre to shop with confidence — explore sizing & fit advice, ordering guides, Dress Registration, Virtual Try-On, customer resources & more.