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I think it's a little boring and it reminds me of the late 80s and early 90s. It is a classic but classics can sound dated too (e.g. Amanda, Stephanie, Jessica). I wouldn't say it is timeless. Elizabeth always sounds classic whereas Amanda, while being a classic, sounds dated and I think Julia is more like Amanda than Elizabeth. It still sounds fresh now but I think it may remind people of the 90s in a few years.

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If you like it, use it. It's too common for my taste but it's a nice name. I much prefer Julie (dated but will make a comeback, I think) and Juliet.