It looks great on you!
I have tried this on, same size and color and I am barely 5’ 3”. I am usually 34 or 36 (outerwear is a different story).
For the petites and shorties amongst us - Belted is the way to go. On me, it was too big so too many folds or gathers at the belted waist and almost constantly fiddling about to get the gathers ‘right’ was just too much to deal with. Length needed to be altered to tea dress length but H tailor advised no because working with the pattern to cut to right length could be tricky.
So I had to say no to the dress