Hi Andrew
Have you read the
binocular overview in
Projects and Articles?
It can be difficult to recommend a binocular, as I guess we all have different requirements. My wife enjoys bird watching so we splashed out on some Leica binos as they were on sale (well, in as much as Leica can be!

) because they were intended to be for a lifetime, had close focusing, etc. For astronomy, they are completely overkill and we would not have purchased them for that alone.
My personal experience has been that unless the bino is mounted, my astronomy sessions don’t last very long as I get fed up with the aching arms, jiggly images along with the inevitable sore neck & shoulders. So, if they will be for astronomy only, then I suspect to get the best out of them, you will need to mount them as hand holding will no doubt limit your pleasure.
I know that they are priced at x3 your budget, but I have heard good reports about the
AOE 10.5x70 or 15x70 MX Ultra at $459.00. The reason I mention them is that they could end up being that once in a lifetime purchase that will be in the family for years and can be used for outings, holidays, etc and that may be sufficient reason to revise the budget? I have never seen or used them, but in writing the article for IIS, they seemed to get good reviews.
Cheers
Dennis