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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 - 3XLNEW ARRIVALALLISON Chiffon A - Line Halter Affordable Wedding Dress in Australia | One Honey Boutique
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USA SIZE XXS - 3XLNEW ARRIVALTRISHA One - Shoulder Chiffon A - Line Affordable Wedding Gown in Australia | One Honey Boutique
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USA SIZE XXS - 2XLNEW ARRIVALGRACIE Bow Strapless A - Line Affordable Wedding Gown in Australia | One Honey Boutique
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VISIT OUR GOLD COAST STORE TO TRY ONUSA SIZE XXS - 2XLDEVIKA Strapless Satin Side Sash Mermaid Wedding Dress in Australia | One Honey Boutique
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USA SIZE 0 - 16ALMA Sweetheart Pleated Chiffon A - Line Formal Bridal Gown in Australia | One Honey Boutique
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USA SIZE 2XS - 2XLNEW ARRIVALAYESHA Satin Corset Sweetheart Prom & Formal Dress in Australia | One Honey Boutique
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USA SIZE XXS - 3XLNEW ARRIVALANGELINA Off - the - Shoulder Satin A - Line Prom & Formal Dress in Australia | One Honey Boutique
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USA SIZE XXS - 2XLNEW ARRIVALS LYNDSEY Sweetheart Chiffon Scarf A - Line Mini Semi Formal & Party Dress in Australia | One Honey Boutique
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USA SIZE XXS - 2XLNEW ARRIVALS MONICA Mini Glitter Halter Bow Semi Formal & Party Dress in Australia | One Honey Boutique
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USA SIZE XXS - 2XLNEW ARRIVALS ANITA Short Glitter A - Line Semi Formal & Party Dress in Australia | One Honey Boutique
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USA SIZE XXS - 3XLNEW ARRIVALBONNIE Sweetheart Chiffon Scarf A - Line Bridal Dress in Australia | One Honey Boutique
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USA SIZE XXS - 3XLNEW ARRIVALVALERIA Strapless Satin & Chiffon Fitted Prom & Formal Dress in Australia | One Honey Boutique
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USA SIZE XXS - 3XLNEW ARRIVALILENE Draped Satin Fitted Formal & Bridal Gown in Australia | One Honey Boutique
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USA SIZE XXS - 3XLNEW ARRIVALBONNIE Sweetheart Chiffon Scarf A - Line Prom & Formal Dress in Australia | One Honey Boutique
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USA SIZE XXS - 3XLNEW ARRIVALTRISHA One - Shoulder Chiffon A - Line Mother of the Bride & Formal Dress in Australia | One Honey Boutique
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USA SIZE XXS - 3XLNEW ARRIVALALLISON Chiffon A - Line Halter Prom & Formal Dress in Australia | One Honey Boutique
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USA SIZE XXS - XLNEW ARRIVALAVERY Halter Chiffon Prom & Formal Dress in Australia | One Honey Boutique
AVERY Halter Chiffon Prom & Formal Dress Sale priceFrom $439.95 AUD
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USA SIZE XXS - 3XLNEW ARRIVALCAMELLIA Lace - Up Chiffon Scarf A - Line Semi Formal & Prom Dress in Australia | One Honey Boutique
USA SIZE XXS - 3XLNEW ARRIVALMEADOW Chiffon Halter A - Line Prom & Formal Dress in Australia | One Honey Boutique
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VISIT OUR GOLD COAST STORE TO TRY ONUSA SIZE XXS - 3XLTINKA Lace - Up Mikado Midi Prom & Formal Dress in Australia | One Honey Boutique
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USA SIZE XXS - 3XLNEW ARRIVALLILLIAN One - Shoulder Satin Mermaid Prom & Formal Dress in Australia | One Honey Boutique
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USA SIZE XXS - 3XLNEW ARRIVALILENE Draped Satin Fitted Prom & Semi Formal Dress in Australia | One Honey Boutique
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USA SIZE XXS - 2XLNEW ARRIVALGRACIE Bow Strapless Satin A - Line Prom & Formal Gown in Australia | One Honey Boutique
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USA SIZE 4 - 16NEW ARRIVALARLENE One - Shoulder Satin Sash Fitted Prom & Formal Dress in Australia | One Honey Boutique
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USA SIZE 4 - 16NEW ARRIVALCLAUDETTE One - Shoulder Satin A - Line Prom & Formal Dress in Australia | One Honey Boutique
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VISIT OUR GOLD COAST STORE TO TRY ONAUS SIZE XS - 2XLNOOKIE AAILYAH Strapless Structured Semi Formal Gown in Australia | One Honey Boutique
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NOOKIE VALERIE Stretch Satin Semi Formal Dress in Australia | One Honey Boutique
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USA SIZE XXS - 3XLNEW ARRIVALBIANCA Off - White One - Shoulder Stretch Satin Mermaid Affordable Bridal Dress in Australia | One Honey Boutique
USA SIZE XXS - 3XLNEW ARRIVALBIANCA One - Shoulder Stretch Satin Mermaid Prom & Semi Formal Dress in Australia | One Honey Boutique
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USA SIZE XXS - 3XLJAZI Off - White Strapless Ruched Chiffon Fitted Affordable Bridal Dress in Australia | One Honey Boutique
USA SIZE XXS - 3XLJAZI Strapless Ruched Chiffon Fitted Column Bridesmaid & Formal Dress in Australia | One Honey Boutique
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VISIT OUR GOLD COAST STORE TO TRY ONUSA SIZE XXS - 2XLAMAN Off - White Strapless Chiffon Corset Fitted Affordable Bridal Dress in Australia | One Honey Boutique
VISIT OUR GOLD COAST SHOWROOM TO TRY ONUSA SIZE XXS - 3XLNEW ARRIVALALISTA Sweetheart Stretch Satin Fitted Prom & School Formal Dress in Australia | One Honey Boutique
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ONLINE EXLUSIVEUSA SIZE 0 - 16ALMA Sweetheart Pleated Chiffon A - Line Bridesmaid & Formal Dress in Australia | One Honey Boutique
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USA SIZE XXS - 2XLNEW ARRIVALRION Embellished Sheer Corset Satin Mermaid Prom & School Formal Dress in Australia | One Honey Boutique
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USA SIZE XXS - 2XLMARVA Strapless Corset Satin Mermaid Prom & School Formal Dress in Australia | One Honey
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USA SIZE 0 - 16NEW ARRIVALMARIANA Floral Appliqué Couture Tulle Cape for Formal & Evening Wear in Australia | One Honey Boutique
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AUS SIZE 6 - 24Trellis Lane CATHERINE Couture Hand - Beaded Sheath Evening Gown Formal Dress in Australia | One Honey Boutique
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AUS SIZES 6 - 24Trellis Lane FAITH Metallic One - Shoulder Pencil Dress in Australia | One Honey Boutique
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AUS SIZES 6 - 24Trellis Lane SHARI Sequin Embellished Formal Gown in Australia | One Honey Boutique
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AUS SIZES 6 - 24Trellis Lane BAILEY Beaded Mesh Fitted Evening Gown Navy Formal Dress in Australia | One Honey Boutique
MOTHER OF THE BRIDEAUS SIZES 6–22Trellis Lane LIZZIE Puff Sleeve Midi Mother of the Bride Dress in Australia | One Honey Boutique
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MOTHER OF THE BRIDEAUS SIZES 12-22Trellis Lane BENNI Off Shoulder Floral Maxi Mother of the Bride Dress in Australia | One Honey Boutique
VISIT OUR GOLD COAST STORE TO TRY ONDISCONTINUED FINAL SIZES AVAILABLEUSA SIZE XS - 2XLNEW ARRIVALSave 50%STACY Halter Tie Up Bum Ruching Mermaid Formal Prom Dress in Australia | One Honey Boutique
STACY Halter Tie Up Bum Ruching Mermaid Formal Prom Dress Sale priceFrom $214.98 AUD Regular price$429.95 AUD
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VISIT OUR GOLD COAST STORE TO TRY ONUSA SIZE XS - LSALEDISCONTINUEDSave 75%Honey Couture HARLOW Cowl Neck Semi Formal Dress in Australia | One Honey Boutique
Honey Couture HARLOW Cowl Neck Semi Formal Dress Sale priceFrom $99.00 AUD Regular price$399.95 AUD
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VISIT OUR GOLD COAST STORE TO TRY ONDISCONTINUED FINAL SIZES AVAILABLEUSA SIZE S - LNEW ARRIVALSave 78%Honey Couture JUSTICE Open Back Mermaid Prom Dress in Australia | One Honey Boutique
Honey Couture JUSTICE Open Back Mermaid Prom Dress Sale priceFrom $99.00 AUD Regular price$459.95 AUD
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VISIT OUR GOLD COAST STORE TO TRY ONDISCONTINUEDUSA SIZE S - LSave 60%Honey Couture LAS VEGAS Sequin Long Sleeve Midi Dress Elegant Evening Party Wear in Australia | One Honey Boutique
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VISIT OUR GOLD COAST STORE TO TRY ONUSA SIZE XS - XLDISCONTINUEDSave 75%Honey Couture BLAIR Sequin Off - Shoulder Prom & Formal Dress in Australia | One Honey Boutique
Honey Couture BLAIR Sequin Off-Shoulder Prom & Formal Dress Sale priceFrom $99.00 AUD Regular price$399.95 AUD
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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.