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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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VISIT OUR GOLD COAST STORE TO TRY ONUSA SIZE XS - LSALEDISCONTINUEDSave 0%Honey Couture LIAA Silky One Shoulder Formal Prom Dress in Australia | One Honey Boutique
Honey Couture LIAA Silky One Shoulder Formal Prom Dress Sale priceFrom $99.00 AUD Regular price$499.95 AUD
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VISIT OUR GOLD COAST STORE TO TRY ONDISCONTINUED LAST SIZES AVAILABLEUSA SIZE S - LSave 78%Honey Couture IMOGEN Baby Blue Low Back Mermaid Formal Dress (RED TAG FINAL SALE) in Australia | One Honey Boutique
Honey Couture IMOGEN Low Back Mermaid Prom Formal Dress Sale priceFrom $99.00 AUD Regular price$449.95 AUD
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VISIT OUR GOLD COAST STORE TO TRY ONDISCONTINUED FINAL SIZES AVAILABLEAUS SIZE 6 - 16Save 78%Honey Couture STEVIE Satin Corset Back Mermaid Formal Dress in Australia | One Honey Boutique
Honey Couture STEVIE Satin Corset Back Mermaid Formal Dress Sale priceFrom $99.00 AUD Regular price$459.95 AUD
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VISIT OUR GOLD COAST STORE TO TRY ONUSA SIZE XXS - 2XLDEVIKA Strapless Side Sash Satin Semi Formal Dress in Australia | One Honey Boutique
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VISIT OUR GOLD COAST STORE TO TRY ONUSA SIZE XXS - 2XLDELANY Ruched Corset Back Mermaid Prom & Formal Dress in Australia | One Honey Boutique
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VISIT OUR GOLD COAST STORE TO TRY ONUSA SIZE XXS - 3XLMARIELLE Satin A - Line Bridesmaid Prom & Formal Dress in Australia | One Honey Boutique
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USA SIZE 4 - 24FRANCIS Off Shoulder Satin Bridesmaid Prom Formal Dress in Australia | One Honey Boutique
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VISIT OUR GOLD COAST STORE TO TRY ONUSA SIZE XXS - 3XLFLORIS Chiffon Corset Scarf Bridesmaid Semi Formal Dress in Australia | One Honey Boutique
USA SIZE XXS - XLCRISTINA Chiffon Halterneck Semi Formal Bridesmaid Dress in Australia | One Honey Boutique
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VISIT OUR GOLD COAST STORE TO TRY ONUSA SIZE XXS - 3XLANGELA Sequin Off Shoulder Silky Prom & Formal Dress in Australia | One Honey Boutique
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VISIT OUR GOLD COAST STORE TO TRY ONUSA SIZE XXS - 3XLOLISIA Off Shoulder Elegant Bridesmaid Semi Formal Dress in Australia | One Honey Boutique
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VISIT OUR GOLD COAST STORE TO TRY ONUSA SIZE XXS - 3XLEVELISSE Strapless Chiffon Neck Sash Bridesmaid Formal Dress in Australia | One Honey Boutique
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VISIT OUR GOLD COAST STORE TO TRY ONUSA SIZE S - 3XLAMARIA Silky Off Shoulder Prom & Semi Formal Dress in Australia | One Honey Boutique
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MOTHER OF THE BRIDEAUS SIZE 6 - 24Trellis Lane ANTONIA Maxi Mother of the Bride Dress in Australia | One Honey Boutique
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VISIT OUR GOLD COAST STORE TO TRY ONAUS SIZE XS - 2XLNOOKIE PENELOPE Satin Halterneck Drape Formal Gown with Train in Australia | One Honey Boutique
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VISIT OUR GOLD COAST STORE TO TRY ONAUS SIZE XS - 2XLNOOKIE CHIARA Strapless Semi Formal Gown in Australia | One Honey Boutique
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VISIT OUR GOLD COAST STORE TO TRY ONAUS SIZE XS - 2XLNOOKIE SERAPHINE Sequin Semi Formal Gown in Australia | One Honey Boutique
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VISIT OUR GOLD COAST STORE TO TRY ONAUS SIZE XS - 2XLNOOKIE CHIARA Halterneck Semi Formal Gown in Australia | One Honey Boutique
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VISIT OUR GOLD COAST STORE TO TRY ONUSA SIZE 2 - 16LARSA Off Shoulder V Front Corset Bodice A Line Prom Dress in Australia | One Honey Boutique
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VISIT OUR GOLD COAST STORE TO TRY ONUSA SIZE XS - MKALISTA Silky Low Back Prom & Semi Formal Mermaid Dress in Australia | One Honey Boutique
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VISIT OUR GOLD COAST STORE TO TRY ONUSA SIZE XS - MGEMMA Silky Halter Neck Low Back Prom & Semi Formal Dress in Australia | One Honey Boutique
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VISIT OUR GOLD COAST STORE TO TRY ONUSA SIZE XS - MJAYDAH Ombre Diamante Semi Formal & Prom Dress in Australia | One Honey Boutique
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VISIT OUR GOLD COAST SHOWROOM TO TRY ONUSA SIZE XS - LZARIA Silky Satin Corset Bustier Prom & Semi Formal Dress in Australia | One Honey Boutique
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VISIT OUR GOLD COAST SHOWROOM TO TRY ONUSA SIZE XS - LLOJA Corset Mesh Feature Prom & Semi Formal Dress in Australia | One Honey Boutique
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VISIT OUR GOLD COAST STORE TO TRY ONUSA SIZE S - LILLIA Strapless Satin Neck Sash Prom & Semi Formal Dress in Australia | One Honey Boutique
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VISIT OUR GOLD COAST SHOWROOM TO TRY ONUSA SIZE XXS - 2XLJAZMINA A Line Glitter Shimmer Prom & Semi Formal Dress in Australia | One Honey Boutique
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VISIT OUR GOLD COAST STORE TO TRY ONUSA SIZE XXS - 2XLMOLLY V Front A Line Glitter Shimmer Prom & Semi Formal Dress in Australia | One Honey Boutique
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USA SIZE 2 - 16DIORA Strapless Chiffon Corset Bridal Wedding Formal Dress in Australia | One Honey Boutique
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USA SIZE 0 - 14EDNA Embellished Sleeve Mother of Groom Bride A Line Evening Gown in Australia | One Honey Boutique
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AUS SIZE 6 - 14The RENEE Sequin Corset Lace Up Mini Dress in Australia | One Honey Boutique
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AUS SIZE 2 - 24Tina Holly Couture TK271 Sequins Off Shoulder Midi Dress with Sweetheart Neckline and Leg Split in Australia | One Honey
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VISIT OUR GOLD COAST STORE TO TRY ONUSA SIZE XS - 2XLELLYN Mesh Corset Fitted Prom & Formal Dress in Australia | One Honey Boutique
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VISIT OUR GOLD COAST STORE TO TRY ONUSA SIZE XXS - 2XLCINDI Strapless Glitter Shimmer Prom & Semi Formal Dress in Australia | One Honey Boutique
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VISIT OUR GOLD COAST STORE TO TRY ONUSA SIZE XS - 2XLSold outKAMAN Off Shoulder Corset Chiffon Fitted Prom & Semi Formal Dress in Australia | One Honey Boutique
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VISIT OUR GOLD COAST STORE TO TRY ONUSA SIZE XXS - 2XLAMAN Strapless Corset Chiffon Fitted Prom & Semi Formal Dress in Australia | One Honey Boutique
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VISIT OUR GOLD COAST STORE TO TRY ONUSA SIZE XXS - 2XLVALERIE Corset Glitter Shimmer Fitted Prom & Semi Formal Dress in Australia | One Honey Boutique
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VISIT OUR GOLD COAST STORE TO TRY ONUSA SIZE XXS - 2XLSORAYA Corset Bustier Glitter A Line Formal Dress in Australia | One Honey Boutique
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VISIT OUR GOLD COAST STORE TO TRY ONUSA SIZE XXS - 2XLHADYN Strapless Silky Bustier Fitted Prom & Semi Formal Dress in Australia | One Honey Boutique
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USA SIZE XS - MVISIT OUR GOLD COAST STORE TO TRY ONKALI Fitted Scoop Back Prom & Semi Formal Dress in Australia | One Honey Boutique
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USA SIZE XL - 3XLLANYA Halter Neck Fitted Bridal Wedding Formal Dress in Australia | One Honey Boutique
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USA SIZE 2 - 18ANYA One Shoulder Satin Corset Bridal Wedding Formal Dress in Australia | One Honey Boutique
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VISIT OUR GOLD COAST STORE TO TRY ONUSA SIZE S - LNOAH Satin Halter Neck Prom & Semi Formal Dress in Australia | One Honey Boutique
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VISIT OUR GOLD COAST STORE TO TRY ONUSA SIZE XS - 2XLSTEFANI Strapless Satin Fitted Prom & Semi Formal Dress in Australia | One Honey Boutique
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USA SIZE XS - 2XLARAN Strapless Off Shoulder Fitted Prom & Semi Formal Dress in Australia | One Honey Boutique
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VISIT OUR GOLD COAST STORE TO TRY ONUSA SIZE 0 - 18GLENNA Corset Bustier Satin Fitted Prom & Formal Dress in Australia | One Honey Boutique
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VISIT OUR GOLD COAST STORE TO TRY ONDISCONTINUEDUSA SIZE 0 - 14BRANDIE Corset Bustier Satin Fitted Prom & Formal Dress in Australia | One Honey Boutique
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ONLINE EXCLUSIVEUSA SIZE 2XS - 2XLMC Chic CIAYRA Vanity Satin White Corset Leg Split Formal Gown in Australia | One Honey Boutique
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USA SIZE XS - MTERI Strapless Corset Mermaid Prom & Semi 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.