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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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IN STOCKSALESave 22%ZENDAYA Satin Corset Bustier Leg Split School Formal Bridesmaid Dress in Australia | One Honey Boutique
Honey Couture ZENDAYA Emerald Green Satin Corset Bustier Leg Split Formal Dress (RED TAG FINAL SALE) Sale price$359.95 AUD Regular price$459.95 AUD
Color
ONLINE EXCLUSIVEUSA SIZE 2XS - 2XLMC Chic ELAYNA Pale Blue Satin Corset Bustier Leg Split Formal Dress in Australia | One Honey Boutique
MC Chic ELAYNA Pale Blue Satin Corset Bustier Leg Split Formal Dress Sale price$399.95 AUD
Color
Sold outMC Chic ELAYNA Pink Satin Corset Bustier Leg Split Formal Dress in Australia | One Honey Boutique
MC Chic ELAYNA Pink Satin Corset Bustier Leg Split Formal Dress Sale priceFrom $369.95 AUD
Color
ONLINE EXCLUSIVEUSA SIZE 2XS - 2XLMC Chic NOEMIE Champagne Satin Cross Halter Corset Bustier Leg Split Formal Dress in Australia | One Honey Boutique
MC Chic NOEMIE Champagne Satin Cross Halter Corset Bustier Leg Split Formal Dress Sale price$429.95 AUD
Color
ONLINE EXCLUSIVEUSA SIZE 2XS - 2XLMC Chic PRISA Peri Satin Strapless Corset Bustier Leg Split Formal Dress in Australia | One Honey Boutique
MC Chic PRISA Peri Satin Strapless Corset Bustier Leg Split Formal Dress Sale price$399.95 AUD
Color
ONLINE EXCLUSIVEUSA SIZE 2XS - 2XLMC Chic ZAYDA Red Satin Corset Bustier Leg Split Formal Dress in Australia | One Honey Boutique
MC Chic ZAYDA Red Satin Corset Bustier Leg Split Formal Dress Sale price$399.95 AUD
Color
VISIT OUR GOLD COAST STORE TO TRY ONDISCONTINUED LAST SIZES AVAILABLEAUS SIZE 6 - 18Sold outSave 83%Honey Couture CLAUDIA Navy Sequin Mermaid Formal Gown in Australia | One Honey Boutique
Honey Couture CLAUDIA Navy Sequin Mermaid Formal Gown Sale priceFrom $99.00 AUD Regular price$569.95 AUD
Color
IN STOCKDISCONTINUEDSALESold outSave 78%Honey Couture MILEE Baby Pink Low Back Mermaid Evening Gown Dress (RED TAG FINAL SALE) in Australia | One Honey Boutique
Honey Couture MILEE Baby Pink Low Back Mermaid Evening Gown Dress (RED TAG FINAL SALE) Sale price$99.95 AUD Regular price$449.95 AUD
Color
IN STOCKDISCONTINUEDSALESave 30%Honey Couture MILEE Baby Blue Low Back Mermaid Evening Gown Dress w Leg Split (RED TAG FINAL SALE) in Australia | One Honey Boutique
Honey Couture MILEE Baby Blue Low Back Mermaid Evening Gown Dress w Leg Split (RED TAG FINAL SALE) Sale price$314.95 AUD Regular price$449.95 AUD
Color
IN STOCKDISCONTINUEDSALESold outSave 11%Honey Couture TRISTIN Green Sequin Low Back Formal Dress (RED TAG FINAL SALE) in Australia | One Honey Boutique
Honey Couture TRISTIN Green Sequin Low Back Formal Dress (RED TAG FINAL SALE) Sale price$409.95 AUD Regular price$459.95 AUD
Color
IN STOCKDISCONTINUEDSALESave 10%Honey Couture AISHA Red Low Back Mermaid Evening Gown Dress (RED TAG FINAL SALE) in Australia | One Honey Boutique
Honey Couture AISHA Red Low Back Mermaid Evening Gown Dress (RED TAG FINAL SALE) Sale price$495.95 AUD Regular price$549.95 AUD
Color
IN STOCKDISCONTINUEDSALESold outSave 72%Honey Couture EVELYN Blue Silky Slip Formal Dress (RED TAG FINAL SALE) in Australia | One Honey Boutique
Honey Couture EVELYN Blue Silky Slip Formal Dress (RED TAG FINAL SALE) Sale price$99.00 AUD Regular price$349.95 AUD
Color
IN STOCKDISCONTINUEDSALESave 30%Honey Couture MILEE Emerald Green Low Back Mermaid Evening Gown Dress (RED TAG FINAL SALE) in Australia | One Honey Boutique
Honey Couture MILEE Emerald Green Low Back Mermaid Evening Gown Dress (RED TAG FINAL SALE) Sale price$314.95 AUD Regular price$449.95 AUD
Color
IN STOCKDISCONTINUEDSALESold outSave 30%Honey Couture MILEE Metallic Orange Low Back Mermaid Evening Gown Dress (RED TAG FINAL SALE) in Australia | One Honey Boutique
Honey Couture MILEE Metallic Orange Low Back Mermaid Evening Gown Dress (RED TAG FINAL SALE) Sale price$314.95 AUD Regular price$449.95 AUD
Color
IN STOCKDISCONTINUEDSALESave 30%Honey Couture MILEE Lilac Purple Low Back Mermaid Dress w Leg Split (RED TAG FINAL SALE) in Australia | One Honey Boutique
Honey Couture MILEE Lilac Purple Low Back Mermaid Dress w Leg Split (RED TAG FINAL SALE) Sale price$314.95 AUD Regular price$449.95 AUD
Color
IN STOCKDISCONTINUEDSALESave 30%Honey Couture MILEE Yellow Low Back Mermaid Evening Gown Dress w Leg Split (RED TAG FINAL SALE) in Australia | One Honey Boutique
Honey Couture MILEE Yellow Low Back Mermaid Evening Gown Dress w Leg Split (RED TAG FINAL SALE) Sale price$314.95 AUD Regular price$449.95 AUD
Color
IN STOCKDISCONTINUEDSALESave 11%Honey Couture IMOGEN Baby Blue Low Back Mermaid Formal Dress (RED TAG FINAL SALE) in Australia | One Honey Boutique
Honey Couture IMOGEN Baby Blue Low Back Mermaid Formal Dress (RED TAG FINAL SALE) Sale price$399.95 AUD Regular price$449.95 AUD
Color
IN STOCKDISCONTINUEDSALESave 11%Honey Couture JUSTICE Blue Open Back Mermaid Evening Gown Dress (RED TAG FINAL SALE) in Australia | One Honey Boutique
Honey Couture JUSTICE Blue Open Back Mermaid Evening Gown Dress (RED TAG FINAL SALE) Sale price$409.95 AUD Regular price$459.95 AUD
Color
IN STOCKDISCONTINUEDSALESave 19%STACY Halter Tie Up Bum Ruching Mermaid Formal Prom Dress in Australia | One Honey Boutique
Honey Couture STACY Emerald Green Halter Tie Up Bum Ruching Mermaid Formal Dress (RED TAG FINAL SALE) Sale price$429.95 AUD Regular price$529.95 AUD
Color
IN STOCKDISCONTINUEDSALESave 8%Honey Couture DANA Red Bum Ruching Cut Out Back Formal Dress (RED TAG FINAL SALE) in Australia | One Honey Boutique
Honey Couture DANA Red Bum Ruching Cut Out Back Formal Dress (RED TAG FINAL SALE) Sale price$461.95 AUD Regular price$499.95 AUD
Color
IN STOCKSALESave 12%HUNTAR Silky Ruched Front Cross Over Bust Bridesmaid Formal Dress in Australia | One Honey Boutique
Honey Couture HUNTAR Sage Green Silky A Line Bridesmaid Formal Dress (RED TAG FINAL SALE) Sale price$379.95 AUD Regular price$429.95 AUD
Color
IN STOCKSALESave 12%Honey Couture HUNTAR Dusty Blue Green Silky A Line Bridesmaid Formal Dress (RED TAG FINAL SALE) in Australia | One Honey Boutique
Honey Couture HUNTAR Dusty Blue Green Silky A Line Bridesmaid Formal Dress (RED TAG FINAL SALE) Sale price$379.95 AUD Regular price$429.95 AUD
Color
IN STOCKDISCONTINUEDSALESold outSave 11%Honey Couture STEVIE Navy Blue Stretch Satin Corset Back Mermaid Formal Dress (RED TAG FINAL SALE) in Australia | One Honey Boutique
Honey Couture STEVIE Navy Blue Stretch Satin Corset Back Mermaid Formal Dress (RED TAG FINAL SALE) Sale price$409.95 AUD Regular price$459.95 AUD
Color
IN STOCKDISCONTINUEDSALESave 11%Honey Couture STEVIE Green Stretch Satin Corset Back Mermaid Formal Dress (RED TAG FINAL SALE) in Australia | One Honey Boutique
Honey Couture STEVIE Green Stretch Satin Corset Back Mermaid Formal Dress (RED TAG FINAL SALE) Sale price$409.95 AUD Regular price$459.95 AUD
Color
IN STOCKSALESave 11%ZENDAYA Satin Corset Bustier Leg Split School Formal Dress in Australia | One Honey Boutique
Honey Couture ZENDAYA Lilac Purple Satin Corset Bustier Leg Split Formal Dress (RED TAG FINAL SALE) Sale price$409.95 AUD Regular price$459.95 AUD
Color
IN STOCKSALESold outSave 11%ZENDAYA Satin Corset Bustier Leg Split School Formal Dress in Australia | One Honey Boutique
Honey Couture ZENDAYA Burgundy Satin Corset Bustier Leg Split Formal Dress (RED TAG FINAL SALE) Sale price$409.95 AUD Regular price$459.95 AUD
Color
FINAL SALEIN STOCKSave 11%Honey Couture ZENDAYA Off White Satin Corset Bustier Leg Split Formal Dress (RED TAG FINAL SALE) in Australia | One Honey Boutique
Honey Couture ZENDAYA Off White Satin Corset Bustier Leg Split Formal Dress (RED TAG FINAL SALE) Sale price$409.95 AUD Regular price$459.95 AUD
Color
IN STOCKSALESold outSave 11%ZENDAYA Satin Corset Bustier Leg Split School Formal Dress in Australia | One Honey Boutique
Honey Couture ZENDAYA Red Satin Corset Bustier Leg Split Formal Dress (RED TAG FINAL SALE) Sale price$409.95 AUD Regular price$459.95 AUD
Color
IN STOCKSALESave 11%ZENDAYA Satin Corset Bustier Leg Split School Formal Dress in Australia | One Honey Boutique
Honey Couture ZENDAYA Smokey Blue Satin Corset Bustier Leg Split Formal Dress (RED TAG FINAL SALE) Sale price$409.95 AUD Regular price$459.95 AUD
Color
IN STOCKSALESave 11%ZENDAYA Satin Corset Bustier Leg Split School Formal Dress in Australia | One Honey Boutique
Honey Couture ZENDAYA Light Blue Satin Corset Bustier Leg Split Formal Dress (RED TAG FINAL SALE) Sale price$409.95 AUD Regular price$459.95 AUD
Color
IN STOCKSALEOn saleZENDAYA Satin Corset Bustier Leg Split School Formal Dress in Australia | One Honey Boutique
Honey Couture ZENDAYA Olive Green Satin Corset Bustier Leg Split Formal Dress (RED TAG FINAL SALE) Sale priceFrom $409.95 AUD Regular price$469.95 AUD
Color
USA SIZE 4 - 20DISCONTINUEDHoney Couture MYRTLE Black Sequin Beaded Off The Shoulder Mermaid Formal Dress in Australia | One Honey Boutique
MYRTLE Black Sequin Beaded Off The Shoulder Mermaid Formal Dress Sale priceFrom $459.95 AUD
Color
IN STOCKDISCONTINUEDSALESave 30%Honey Couture VAMP Black Strapless Bustier Corset Satin Mermaid Formal Dress in Australia | One Honey Boutique
Honey Couture VAMP Black Strapless Bustier Corset Satin Mermaid Formal Dress Sale priceFrom $413.66 AUD Regular price$590.95 AUD
Color
USA SIZE S - LHoney Couture MARI Red Shimmer Lace Back Bum Ruching Formal Dress in Australia | One Honey Boutique
Honey Couture MARI Red Shimmer Lace Back Bum Ruching Formal Dress Sale price$499.95 AUD
Color
USA SIZE XS - LHoney Couture BARCELONA Platinum Sequin Long Sleeve Cowl Neckline Midi Dress in Australia | One Honey Boutique
Honey Couture BARCELONA Platinum Sequin Long Sleeve Cowl Neckline Midi Dress Sale price$249.95 AUD
Color
ONLINE EXCLUSIVEUSA SIZE 4 - 10Honey Couture ESTELLA Black Silky Circle Skirt Mini Party Dress in Australia | One Honey Boutique
Honey Couture ESTELLA Black Silky Circle Skirt Mini Party Dress Sale priceFrom $199.95 AUD
Color
ONLINE EXCLUSIVEUSA SIZE 4 - 16Honey Couture KITTY White Feather Pearl Beaded Bodice Hens Bridal Mini Dress in Australia | One Honey Boutique
Honey Couture KITTY White Feather Pearl Beaded Bodice Hens Bridal Mini Dress Sale priceFrom $449.95 AUD
Color
ONLINE EXCLUSIVEUSA SIZE XS - 3XLAMBROSIA Blush Sequin Beaded Strap Tulle Frilly Party Dress in Australia | One Honey Boutique
AMBROSIA Blush Sequin Beaded Strap Tulle Frilly Party Dress Sale priceFrom $249.95 AUD
Color
ONLINE EXCLUSIVEUSA SIZE XS - 3XLERIN Smokey Blue Sequin V Front Tulle Frilly Party Dress in Australia | One Honey Boutique
ERIN Smokey Blue Sequin V Front Tulle Frilly Party Dress Sale priceFrom $249.95 AUD
Color
ONLINE EXCLUSIVEUSA SIZE 4 - 16Save 60%Honey Couture ENVY Glitter Feather Off Shoulder Midi Dress in Australia | One Honey Boutique
ENVY Glitter Feather Off Shoulder Midi Dress Sale price$199.95 AUD Regular price$499.95 AUD
Color
USA SIZE XS - XLDISCONTINUEDHoney Couture ELLIE Gold Silky Cut Out Maxi Dress in Australia | One Honey Boutique
Honey Couture ELLIE Gold Silky Cut Out Maxi Dress Sale price$349.95 AUD
Color
USA SIZE XS - LHoney Couture NIKOLE White Satin Strapless Silky Formal Dress in Australia | One Honey Boutique
Honey Couture NIKOLE White Satin Strapless Silky Formal Dress Sale priceFrom $459.95 AUD
Color
AUS SIZE 2 - 24Tina Holly Couture TW079 Fuchsia Berry Crossover Plunging Neckline With Spaghetti Straps A - Line Formal Dress in Australia | One Honey Boutique
Tina Holly Couture TW079 Fuchsia Berry Crossover Plunging Neckline With Spaghetti Straps A-Line Formal Dress Sale priceFrom $459.95 AUD
Color
AUS SIZE 2 - 24Tina Holly Couture TW079 Golden Rust Crossover Plunging Neckline With Spaghetti Straps A - Line Formal Dress in Australia | One Honey Boutique
Tina Holly Couture TW079 Golden Rust Crossover Plunging Neckline With Spaghetti Straps A-Line Formal Dress Sale price$459.95 AUD
Color
AUS SIZE 2 - 24Tina Holly Couture TW079 Indigo Crossover Plunging Neckline With Spaghetti Straps A - Line Formal Dress in Australia | One Honey Boutique
Tina Holly Couture TW079 Indigo Crossover Plunging Neckline With Spaghetti Straps A-Line Formal Dress Sale price$459.95 AUD
Color
AUS SIZE 2 - 24Tina Holly Couture TW029 Smoke Shimmer Mermaid Formal Dress in Australia | One Honey Boutique
Tina Holly Couture TW029 Smoke Shimmer Mermaid Formal Dress Sale priceFrom $455.95 AUD
Color
AUS SIZE 6 - 16Save 30%Honey Couture DITA Black Lace Up Corset Mermaid Formal Dress in Australia | One Honey Boutique
Honey Couture DITA Black Lace Up Corset Mermaid Formal Dress Sale priceFrom $321.96 AUD Regular price$459.95 AUD
Color
USA SIZE 2 - 18Honey Couture ZENDAYA Off White Satin Corset Bustier Leg Split Formal Dress (RED TAG FINAL SALE) in Australia | One Honey Boutique
Honey Couture ZENDAYA Off White Satin Corset Bustier Leg Split Formal Dress Sale priceFrom $459.95 AUD
Color

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Formal Dresses Under $500 Australia

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