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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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USA SIZE XXS - 2XLNEW ARRIVALS MAIZIE Satin Cowl Neck Formal Gown in Australia | One Honey Boutique
MAIZIE Satin Cowl Neck Formal Gown Sale priceFrom $289.95 AUD
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USA SIZE XXS - 2XLNEW ARRIVALS ZARA One Shoulder Satin Formal Gown in Australia | One Honey Boutique
ZARA One Shoulder Satin Formal Gown Sale priceFrom $409.95 AUD
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USA SIZE XXS - 2XLNEW ARRIVALS CEILE Satin Corset Formal Gown in Australia | One Honey Boutique
CEILE Satin Corset Formal Gown Sale priceFrom $409.95 AUD
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VISIT OUR GOLD COAST SHOWROOMUSA SIZE XXS - 2XLNEW ARRIVALS KARINE Satin Chiffon Formal Gown in Australia | One Honey Boutique
KARINE Satin Chiffon Formal Gown Sale priceFrom $409.95 AUD
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USA SIZE XXS - 2XLNEW ARRIVALS CORINNE Satin Chiffon Mini Party Dress in Australia | One Honey Boutique
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USA SIZE XXS - 2XLNEW ARRIVALS TRY ON AT OUR GOLD COAST SHOWROOMODETTE Convertible Satin Formal Gown in Australia | One Honey Boutique
ODETTE Convertible Satin Formal Gown Sale priceFrom $439.95 AUD
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USA SIZE XXS - LNEW ARRIVALS YVETTE Satin Corset Mini Party Dress in Australia | One Honey Boutique
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USA SIZE XXS - 2XLNEW ARRIVALS Violaine Sequin Satin Formal Gown in Australia | One Honey Boutique
VIOLAINE Sequin Satin Formal Gown Sale priceFrom $409.95 AUD
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USA SIZE XXS - 2XLNEW ARRIVALS ELAINE Sequin Satin Mini Party Dress in Australia | One Honey Boutique
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USA SIZE XXS - 2XLNEW ARRIVALS LUCIENNE Satin Corset Formal Gown in Australia | One Honey Boutique
LUCIENNE Satin Corset Formal Gown Sale priceFrom $439.95 AUD
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USA SIZE XXS - 2XLNEW ARRIVALS ADRIENNE Satin Corset Mini Party Dress in Australia | One Honey Boutique
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USA SIZE XXS - 2XLNEW ARRIVALS JEMMA Satin Corset Mini Party Dress in Australia | One Honey Boutique
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USA SIZE XXS - 2XLNEW ARRIVALS VICTORINE Shimmer Corset Mini Party Dress in Australia | One Honey Boutique
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USA SIZE XXS - LNEW ARRIVALS LOUISE Hotstone Mesh Mini Party Dress in Australia | One Honey Boutique
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USA SIZE XXS - 2XLNEW ARRIVALS AURORE Satin Lace Up Mini Party Dress in Australia | One Honey Boutique
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USA SIZE XXS - 2XLNEW ARRIVALS MARGUAX Satin Corset Mini Party Dress in Australia | One Honey Boutique
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USA SIZE XXS - 2XLNEW ARRIVALS SOLENE Lace Corset Ruffle Mini Party Dress in Australia | One Honey Boutique
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USA SIZE XXS - 2XLNEW ARRIVALS ALETHA Pleated Chiffon Halter Mini Party Dress in Australia | One Honey Boutique
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USA SIZE XXS - 2XLNEW ARRIVALS EMILE Satin Off Shoulder Corset Sash Mini Dress in Australia | One Honey Boutique
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AUS SIZE XS - 2XLNookie Love Affair Black Halter Midi Cocktail & Formal Dress in Australia | One Honey Boutique
FINAL SIZES AVAILABLEHoney Couture BECKY White Off Shoulder Bustier Bandage Dress in Australia | One Honey Boutique
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VISIT OUR GOLD COAST STORE TO TRY ONUSA SIZE 2 - 18ZENDAYA Satin Corset Bustier Leg Split School Formal Bridesmaid Dresses in Australia | One Honey Boutique
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VISIT OUR GOLD COAST SHOWROOMUSA 4-18ANYA One Shoulder Satin Corset Bridesmaid Semi Formal Dress in Australia | One Honey Boutique
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AUS SIZE 2 - 24TINA HOLLY TW608 VIVIENNE Mikado High - Low Formal Dress in Australia | One Honey Boutique
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AUS SIZES 6-16Selene Black Lace Midi Dress by Georgy Collection in Australia | One Honey Boutique
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VISIT OUR GOLD COAST STORE TO TRY ONUSA SIZE XXS - 3XLNEW ARRIVALSGISELLA Multi - Way Halter Fitted Formal & Bridesmaid Gown in Australia | One Honey Boutique
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VISIT OUR GOLD COAST STORE TO TRY ONUSA SIZE XXS - 3XLNEW ARRIVALSNIVIERA Halter Neck Fitted Formal & Evening Dress in Australia | One Honey Boutique
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MOTHER OF THE BRIDEAUS SIZES 10-22Trellis Lane CHARLOTTA Hi - Lo Maxi Mother of the Bride Dress in Australia | One Honey Boutique
AUS SIZE XS - 2XLNOOKIE VALERIE Cowl Satin Low Back Prom & Formal Dress in Australia | One Honey Boutique
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USA SIZE S - 4XLNEW ARRIVALBETRA Off - The - Shoulder Mermaid Evening Gown in Australia | One Honey Boutique
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USA SIZE S - 4XLNEW ARRIVALGRETA Sequin Lace Fitted Evening Dress with Chiffon Cape in Australia | One Honey Boutique
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USA SIZE M - 3XLNEW ARRIVALLORRAINE Off - The - Shoulder Mermaid Evening Dress in Australia | One Honey Boutique
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USA SIZE S - 3XLNEW ARRIVALCHRISTIE Deep V Glitter A - Line Evening Dress in Australia | One Honey Boutique
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USA SIZE S - 3XLNEW ARRIVALDELORIS Off - Shoulder Iridescent Mermaid Evening Dress in Australia | One Honey Boutique
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USA SIZE S - 4XLNEW ARRIVALMALINDA Sweetheart Glitter Tulle A - Line Evening Dress in Australia | One Honey Boutique
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USA SIZE S - 4XLNEW ARRIVALAIMEE Off - the - Shoulder Sequin Lace Mermaid Evening Dress in Australia | One Honey Boutique
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USA SIZE S - 4XLNEW ARRIVALTAMMY Draped Sequin Flutter Sleeve Fitted Evening Dress in Australia | One Honey Boutique
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USA SIZE XXS - 3XLNEW ARRIVALRONDAH Off The Shoulder Mermaid Corset Prom & Formal Dress in Australia | One Honey Boutique
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VISIT OUR GOLD COAST SHOWROOM TO TRY ONUSA SIZE XXS - 3XLNEW ARRIVALGAYLE One - Shoulder Chiffon Fitted Prom & Formal Dress in Australia | One Honey Boutique
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VISIT OUR GOLD COAST SHOWROOM TO TRY ONUSA SIZE XXS - 3XLLAVONNE Strapless Sequin Fitted Prom & Formal Dress in Australia | One Honey Boutique
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VISIT OUR GOLD COAST SHOWROOM TO TRY ONUSA SIZE XXS - 3XLELNORA Fitted Satin Lace - Up Prom & Formal Dress in Australia | One Honey Boutique
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VISIT OUR GOLD COAST SHOWROOM TO TRY ONUSA SIZE XS - XLNEW ARRIVALCORINA V - Neck Lace - Up Satin Fitted Prom & Formal Dress in Australia | One Honey Boutique
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VISIT OUR GOLD COAST STORE TO TRY ONUSA SIZE 2 - 16LARSA Off - Shoulder Satin Corset A - Line Bridal Gown in Australia | One Honey Boutique
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VISIT OUR GOLD COAST STORE TO TRY ONUSA SIZE XXS - 3XLELNORA Fitted Satin Lace - Up Affordable Wedding Gown in Australia | One Honey Boutique
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VISIT OUR GOLD COAST STORE TO TRY ONUSA SIZE XXS - 3XLTINKA Lace - Up Mikado Midi Affordable Wedding Gown in Australia | One Honey Boutique
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USA SIZE XXS - 3XLNEW ARRIVALVALERIA Strapless Satin & Chiffon Affordable Wedding Gown in Australia | One Honey Boutique
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VISIT OUR GOLD COAST STORE TO TRY ONUSA SIZE XXS - 3XLMARIELLE Satin A - Line Cowl Neck Affordable Wedding Gown in Australia | One Honey Boutique
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USA SIZE XS - 2XLARAN Off - Shoulder Satin Fitted Affordable Wedding Gown 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.