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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 00 - 16CHERRY Diamanté Beaded Strap Tulle Frilly Party Dress in Australia | One Honey Boutique
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USA SIZE XXS - 3XLDALPHINE Sequin Lace Tulle Frilly Party Semi Formal Dress in Australia | One Honey Boutique
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USA SIZE S - LIN STOCK FOR IMMEDIATE SHIPPINGDISCONTINUEDCAPREE Silky Multi Wear Tie Up Bridesmaid Dress in Australia | One Honey Boutique
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USA SIZE 2 - 16DISCONTINUED FINAL SIZES AVAILABLEIN STOCK FOR IMMEDIATE SHIPPINGCAM Glitter Tea Length Ball Gown Corset Midi Dress in Australia | One Honey Boutique
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IN STOCKDISCONTINUEDSALEOn saleBLAKE Royal Sequin Strapless Corset Bustier Mermaid Formal Dress in Australia | One Honey Boutique
BLAKE Royal Sequin Strapless Corset Bustier Mermaid Formal Dress Sale priceFrom $440.95 AUD Regular price$629.95 AUD
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VISIT OUR GOLD COAST STORE TO TRY ONUSA SIZE XS - 4XLSALEDISCONTINUEDSave 50%ALLEGRA Off The Shoulder Sequin Lace Up Formal Dress in Australia | One Honey Boutique
ALLEGRA Off The Shoulder Sequin Lace Up Formal Dress Sale priceFrom $314.95 AUD Regular price$629.95 AUD
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DISCONTINUED FINAL SIZES AVAILABLEUSA SIZE 2 - 18JOYCE Glitter Corset Bustier Mermaid Semi Formal Dress in Australia | One Honey Boutique
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USA SIZE XS - XLHESTA Sequin Off Shoulder Bustier Midi Dress in Australia | One Honey Boutique
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USA SIZE 4 - 14DISCONTINUEDERIKA Neon Glitter Shimmer Corset Back Formal Dress in Australia | One Honey Boutique
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USA SIZE XS - LCYRUS Bum Scrunch Neon Low Back Mermaid Formal Dress in Australia | One Honey Boutique
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IN STOCKDISCONTINUEDSALESave 50%ARIANA Shimmer Off Shoulder Ballgown Formal Dress in Australia | One Honey Boutique
ARIANA Shimmer Off Shoulder Ballgown Formal Dress Sale priceFrom $399.95 AUD Regular price$799.95 AUD
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VISIT OUR GOLD COAST STORE TO TRY ONDISCONTINUED FINAL SIZES AVAILABLEUSA SIZE XS - XLSold outSave 0%Honey Couture TILDA Low Back Sequin Formal Gown Dress in Australia | One Honey Boutique
Honey Couture TILDA Low Back Sequin Formal Gown Dress Sale priceFrom $99.00 AUD Regular price$495.95 AUD
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USA SIZE S - LDISCONTINUED FINAL SIZES AVAILABLEBEAU Tulle A - Line Semi Formal Dress in Australia | One Honey Boutique
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USA SIZE 4 -16PRETORIA One Shoulder Satin Gown with Sash in Australia | One Honey Boutique
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USA SIZE 2 - 18JASMINA One Shoulder Satin A Line Bridesmaid Dress in Australia | One Honey Boutique
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VISIT OUR GOLD COAST STORE TO TRY ONUSA SIZE 2 - 18TIFFANY Strapless Satin Bridesmaid Semi Formal Dress with Sash in Australia | One Honey Boutique
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USA SIZE 2 - 24ALENA Tie Strap A - Line Floral Printed Bridesmaid Dress in Australia | One Honey Boutique
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USA SIZE 2 - 16DISCONTINUED FINAL SIZES AVAILABLEIN STOCK FOR IMMEDIATE SHIPPINGFELIX Off Shoulder Silky Bridesmaid Semi Formal Dress in Australia | One Honey Boutique
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USA SIZE 2 - 16KAILA Off Shoulder Silky Bridesmaid Semi Formal Dress in Australia | One Honey Boutique
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DISCONTINUED FINAL SIZES AVAILABLEUSA SIZE 2 - 16LAILA Off Shoulder Silky Bridesmaid Semi Formal Dress in Australia | One Honey Boutique
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USA SIZE 2 - 16DISCONTINUED FINAL SIZES AVAILABLEIN STOCK FOR IMMEDIATE SHIPPINGESME Cowl Neck Silky Bridesmaid Semi Formal Dress in Australia | One Honey Boutique
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USA SIZE 0 - 16On saleAMARA Satin Diamanté Detail Off The Shoulder Formal Dress in Australia | One Honey Boutique
AMARA Satin Diamanté Detail Off The Shoulder Formal Dress Sale priceFrom $370.95 AUD Regular price$529.95 AUD
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USA SIZE XS - LLYRICAL Satin Draped Feature Semi Formal Dress in Australia | One Honey Boutique
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DISCONTINUED FINAL SIZES AVAILABLEUSA SIZE 2 - 14DELIA Silky Bustier Corset Mermaid Formal Gown Dress in Australia | One Honey Boutique
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USA SIZE XS - LDISCONTINUED FINAL SIZES AVAILABLEJENNA Silky Tie Back Semi Formal Prom Dress in Australia | One Honey Boutique
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IN STOCKDISCONTINUEDSALEOn saleKAY Silky A Line Bridesmaid Semi Formal Dress in Australia | One Honey Boutique
KAY Silky A Line Bridesmaid Semi Formal Dress Sale priceFrom $440.95 AUD Regular price$629.95 AUD
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VISIT OUR GOLD COAST STORE TO TRY ONDISCONTINUED FINAL SIZES AVAILABLEUSA SIZE 2 - 24On saleROBIN Silky Off Shoulder Formal Bridesmaid Dress in Australia | One Honey Boutique
ROBIN Silky Off Shoulder Formal Bridesmaid Dress Sale priceFrom $321.97 AUD Regular price$459.95 AUD
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VISIT OUR GOLD COAST STORE TO TRY ONUSA SIZE 4 - 16ELOISE Ruched Leg Split Silky Bridesmaid Semi Formal Dress in Australia | One Honey Boutique
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DISCONTINUEDUSA 2-16Save 0%TALEAH Cowl Neck Tie Back Silky Bridesmaid Semi Formal Dress in Australia | One Honey Boutique
TALEAH Cowl Neck Tie Back Silky Bridesmaid Semi Formal Dress Sale priceFrom $370.95 AUD Regular price$529.95 AUD
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USA SIZE 2 - 16AURA Off the Shoulder Silky A Line Bridesmaid Formal Dress in Australia | One Honey Boutique
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DISCONTINUEDUSA 4-26On saleSOLANA Embellished Corset Satin Mermaid Formal Dress in Australia | One Honey Boutique
SOLANA Embellished Corset Satin Mermaid Formal Dress Sale priceFrom $440.95 AUD Regular price$629.95 AUD
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IN STOCKDISCONTINUEDSALEOn saleROSALIA Silky A Line Formal & Prom Dress in Australia | One Honey Boutique
ROSALIA Silky A Line Formal & Prom Dress Sale priceFrom $384.95 AUD Regular price$549.95 AUD
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USA SIZE XS - LELODIE Silky Lace Up Low Back Semi Formal Dress in Australia | One Honey Boutique
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VISIT OUR GOLD COAST STORE TO TRY ONDISCONTINUED FINAL SIZES AVAILABLEUSA SIZE 6 - 24Save 50%HARPER Shimmer Glitter Off The Shoulder Corset Formal Gown in Australia | One Honey Boutique
HARPER Shimmer Glitter Off The Shoulder Corset Formal Gown Sale priceFrom $249.98 AUD Regular price$499.95 AUD
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USA SIZE S - 2XLDISCONTINUEDSTELLA Shimmer Glitter Fabric Mermaid Semi Formal Dress in Australia | One Honey Boutique
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USA SIZE XS - XLDISCONTINUED FINAL SIZES AVAILABLELUST Cut Out Waist Mermaid Formal Dress w/ Matching Gloves in Australia | One Honey Boutique
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IN STOCKDISCONTINUEDSALESave 40%CARMERON Glitter Ball Gown Corset Lace Up Formal Dress in Australia | One Honey Boutique
CARMERON Glitter Ball Gown Corset Lace Up Formal Dress Sale priceFrom $479.95 AUD Regular price$799.95 AUD
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IN STOCKDISCONTINUEDSALEOn saleJAYLA Lace Up Back Mermaid Formal Gown in Australia | One Honey Boutique
JAYLA Lace Up Back Mermaid Formal Gown Sale priceFrom $423.95 AUD Regular price$529.95 AUD
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IN STOCKDISCONTINUEDSALESave 30%ROMANA Strapless Satin Diamanté Detail Corset Bustier Formal Dress in Australia | One Honey Boutique
ROMANA Strapless Satin Diamanté Detail Corset Bustier Formal Dress Sale priceFrom $419.95 AUD Regular price$599.95 AUD
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VISIT OUR GOLD COAST STORE TO TRY ONDISCONTINUED FINAL SIZES AVAILABLEUSA SIZE XS - 2XLSave 0%KENNA Satin Cowl Neck Semi Formal Dress in Australia | One Honey Boutique
KENNA Satin Cowl Neck Semi Formal Dress Sale priceFrom $99.00 AUD Regular price$399.95 AUD
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DISCONTINUED FINAL SIZES AVAILABLEUSA SIZE XS - LTIARN Satin Low Back Midi Semi Formal Dress in Australia | One Honey Boutique
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IN STOCKDISCONTINUEDSALESold outSave -4%MERCER Strapless Glitter Ball Gown Formal Dress in Australia | One Honey Boutique
MERCER Strapless Glitter Ball Gown Formal Dress Sale priceFrom $479.95 AUD Regular price$799.95 AUD
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USA SIZE XS - LFIA Satin One Shoulder Bum Ruching Midi Semi Formal Dress in Australia | One Honey Boutique
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WILLOW Strapless Keyhole Silky A Line Bridesmaid Formal Dress in Australia | One Honey Boutique
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USA SIZE XS-5XLALINIA Strapless Satin Corset Bustier Mermaid Prom & Formal Dress in Australia | One Honey Boutique
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USA SIZE XS - 2XLALEXIA Classic Satin A - Line Bridesmaid Formal Dress in Australia | One Honey Boutique
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USA SIZE 2 - 18VISIT OUR GOLD COAST STORE TO TRY ONBETHANY One Shoulder Luxe Satin Fitted Bridesmaid & Formal Gown in Australia | One Honey Boutique
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VISIT OUR GOLD COAST STORE TO TRY ONUSA SIZE 4 - 20SANJA Off The Shoulder Lace Up Corset Satin Bridesmaid & 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.