The annual prize of $10,000 (funded by the ROI apartment owners) is now a recognised and valued prize. Artworks in the media of painting, limited edition printmaking, photography and drawing, and created within two years of the closing date, are eligible.
The ROI Art Prize is open to artists living, having a studio, or exhibiting in galleries within the Cities of Yarra, Darebin or Moreland.
http://www.roiapartments.com.au/assets/roi18_artprize_entry-guidelines_v22.pdf