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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 XS - LDISCONTINUEDROBBIE Black Glitter Low Back Mermaid Evening Gown Dress in Australia | One Honey Boutique
USA SIZE XS - LHoney Couture SARENA Electric Blue Silky One Shoulder Formal Dress in Australia | One Honey Boutique
USA SIZE XS - LHoney Couture JAEDA Silky Bustier Strapless Mermaid Formal Dress in Australia | One Honey Boutique
Color
VISIT OUR GOLD COAST STORE TO TRY ONDISCONTINUED LAST SIZES AVILABLEUSA SIZE S - XLSave 78%Honey Couture GENENE Rose Gold Thin Strap Sequin Formal Dress in Australia | One Honey Boutique
Honey Couture GENENE Rose Gold Thin Strap Sequin Formal Dress Sale priceFrom $99.00 AUD Regular price$459.95 AUD
Color
USA SIZE 2 - 16On saleHoney Couture ORBIT Metallic Silver Glitter Beaded Bustier Formal Dress in Australia | One Honey Boutique
Honey Couture ORBIT Metallic Silver Glitter Beaded Bustier Formal Dress Sale priceFrom $489.96 AUD Regular price$699.95 AUD
Color
USA SIZE XS - LHoney Couture NAOMI Black Sequin Pointy Strapless Mermaid Evening Dress in Australia | One Honey Boutique
USA SIZE XS - XLDISCONTINUED FINAL SIZES AVAILABLEHoney Couture MILEE Emerald Green Low Back Midi Dress in Australia | One Honey Boutique
AUS SIZE 2 - 24Tina Holly Couture Designer TH122 Sky Blue Silky Formal Gown in Australia | One Honey Boutique
Color
AUS SIZE 2 - 24Tina Holly Couture Designer TH122 Wine Red Silky Formal Gown in Australia | One Honey Boutique
AUS SIZE 2 - 24Tina Holly Couture Designer TH122 Royal Blue Silky Formal Gown in Australia | One Honey Boutique
Color
AUS SIZE 2 - 24Tina Holly Couture Designer TH122 Emerald Green Silky Formal Gown in Australia | One Honey Boutique
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AUS SIZE 2 - 24Tina Holly Couture Designer TH122 Navy Blue Silky Formal Gown in Australia | One Honey Boutique
Color
AUS SIZE 2 - 24Tina Holly Couture Designer TH122 Red Silky Formal Gown in Australia | One Honey Boutique
Color
AUS SIZE 2 - 24Tina Holly Couture Designer TH122 Lilac Purple Silky Formal Gown in Australia | One Honey Boutique
USA SIZE XS - MSold outSave 0%Honey Couture CLEO Black & Gold Beaded Formal Gown in Australia | One Honey Boutique
Honey Couture CLEO Black & Gold Beaded Formal Gown Sale priceFrom $299.95 AUD Regular price$599.95 AUD
Color
IN STOCKDISCONTINUEDSALESave 20%Honey Couture CLEO White & Gold Beaded Formal Gown in Australia | One Honey Boutique
Honey Couture CLEO White & Gold Beaded Formal Gown Sale price$479.95 AUD Regular price$599.95 AUD
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USA SIZE XS - 2XLHoney Couture RHEA Mulberry Purple Metallic Shimmer Formal Dress in Australia | One Honey Boutique
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USA SIZE S - LDISCONTINUEDHoney Couture ALLIE Navy Blue Silky Halter Neck Formal Dress in Australia | One Honey Boutique
USA SIZE S - LDISCONTINUEDHoney Couture SADIE Metallic Ruched Formal Dress in Australia | One Honey Boutique
Color
USA SIZE XS - LHoney Couture KAIA Burgundy Sequin Bum Ruching Low Back Dress in Australia | One Honey Boutique
USA SIZE XS - LHoney Couture SAMARA Knot Feature Low Back Silky Mermaid Formal Gown in Australia | One Honey Boutique
Color
USA SIZE XS - LHoney Couture AZALIA Gold Silky Bustier Strapless Mermaid Formal Dress in Australia | One Honey Boutique
USA SIZE XS - LHoney Couture SIBYLLE Burgundy Silky Mermaid Formal Dress in Australia | One Honey Boutique
Color
USA SIZE XS - LHoney Couture SIBYLLE Emerald Green Silky Mermaid Formal Dress in Australia | One Honey Boutique
USA SIZE XS - LDISCONTINUEDHoney Couture RIKKI Green Open Lace Up Back Formal Dress in Australia | One Honey Boutique
AUS SIZE 2 - 24Tina Holly Couture TE003 Burgundy Satin Silky Formal Dress in Australia | One Honey Boutique
Color
AUS SIZE 2 - 24Tina Holly Couture TE003 Aqua Blue Satin Silky Formal Dress in Australia | One Honey Boutique
AUS SIZE 2 - 24Tina Holly Couture TE003 Berry Pink Satin Silky Formal Dress in Australia | One Honey Boutique
Color
AUS SIZE 2 - 24Tina Holly Couture TE003 Pale Baby Blue Satin Silky Formal Dress in Australia | One Honey Boutique
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AUS SIZE 2 - 24Tina Holly Couture TE003 Champagne Gold Satin Silky Formal Dress in Australia | One Honey Boutique
Color
AUS SIZE 2 - 24Tina Holly Couture TE003 Sage Green Satin Silky Formal Dress in Australia | One Honey Boutique
Color
AUS SIZE 2 - 24Tina Holly Couture TE001 Burgundy Satin Lace Up Back Formal Dress in Australia | One Honey Boutique
AUS SIZE 2 - 24Tina Holly Couture TE001 Rust Orange Satin Lace Up Back Formal Dress in Australia | One Honey Boutique
Color
AUS SIZE 2 - 24Tina Holly Couture TE001 Royal Blue Satin Lace Up Back Formal Dress in Australia | One Honey Boutique
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AUS SIZE 2 - 24Tina Holly Couture TE001 Teal Green Satin Lace Up Back Formal Dress in Australia | One Honey Boutique
Color
AUS SIZE 2 - 24Tina Holly Couture TE001 Navy Blue Satin Lace Up Back Formal Dress in Australia | One Honey Boutique
AUS SIZE 2 - 24Tina Holly Couture TE001 Red Satin Lace Up Back Formal Dress in Australia | One Honey Boutique
AUS SIZE 2 - 24Tina Holly Couture TE001 Yellow Satin Lace Up Back Formal Dress in Australia | One Honey Boutique
AUS SIZE 2 - 24Tina Holly Couture TE001 Emerald Green Satin Lace Up Back Formal Dress in Australia | One Honey Boutique
AUS SIZE 2 - 24Tina Holly Couture TE001 White Satin Lace Up Back Formal Dress in Australia | One Honey Boutique
USA SIZE XS - LHoney Couture DARIA Electric Blue Bum Ruching Cut Out Tie Up Formal Dress in Australia | One Honey Boutique
USA SIZE XS - LHoney Couture DANA Red Bum Ruching Cut Out Back Formal Dress in Australia | One Honey Boutique
USA SIZE XS - LSave 75%Honey Couture ISLA Navy Blue Beaded Lace Bust Formal Dress in Australia | One Honey Boutique
Honey Couture ISLA Beaded Lace Bust Formal Dress Sale price$99.95 AUD Regular price$395.95 AUD
Color
USA SIZE XS - XLHoney Couture ANASTASIA Berry Low Back Mermaid Dress in Australia | One Honey Boutique
Color
IN STOCKDISCONTINUEDSALESave 30%Honey Couture EVITA White Nude Strapless Sequin Wedding Formal Dress in Australia | One Honey Boutique
Honey Couture EVITA White Nude Strapless Sequin Wedding Formal Dress Sale priceFrom $370.80 AUD Regular price$529.95 AUD
Color
Save 31%Honey Couture JESSY Lace Summer Dress in Australia | One Honey Boutique
Honey Couture JESSY Lace Summer Dress Sale price$89.95 AUD Regular price$129.95 AUD
Color
AUS SIZE 6 - 18MELINA Red Blue Sequin Glitter Knit Formal Dress in Australia | One Honey Boutique
Color
AUS SIZE 2 - 24Tina Holly Couture TA301 Navy Blue Velvet Long Sleeve Midi 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.