diff --git a/src/qt/overviewpage.cpp b/src/qt/overviewpage.cpp
index 30b238d4db..ca079d9e89 100644
--- a/src/qt/overviewpage.cpp
+++ b/src/qt/overviewpage.cpp
@@ -95,17 +95,21 @@ public:
         // Address/Label
         colorForeground = qvariant_cast<QColor>(indexAddress.data(Qt::ForegroundRole));
         QString address = indexAddress.data(Qt::DisplayRole).toString();
-        painter->setPen(colorForeground);
-        painter->drawText(rectBottomHalf, Qt::AlignLeft | Qt::AlignVCenter, address, &rectBounding);
-        int address_rect_min_width = rectBounding.width();
+
         // Optional Watchonly indicator
+        QRect addressRect{rectBottomHalf};
         if (index.data(TransactionTableModel::WatchonlyRole).toBool())
         {
             QIcon iconWatchonly = qvariant_cast<QIcon>(index.data(TransactionTableModel::WatchonlyDecorationRole));
-            QRect rectWatchonly(rectBounding.right() + 5, rectBottomHalf.top(), 16, halfheight);
-            iconWatchonly.paint(painter, rectWatchonly);
+            QRect watchonlyRect(rectBottomHalf.left(), rectBottomHalf.top(), rectBottomHalf.height(), halfheight);
+            iconWatchonly.paint(painter, watchonlyRect);
+            addressRect.setLeft(addressRect.left() + watchonlyRect.width() + 5);
         }
 
+        painter->setPen(colorForeground);
+        painter->drawText(addressRect, Qt::AlignLeft | Qt::AlignVCenter, address, &rectBounding);
+        int address_rect_min_width = rectBounding.width();
+
         const int minimum_width = std::max(address_rect_min_width, amount_bounding_rect.width() /*+ date_bounding_rect.width() */);
         const auto search = m_minimum_width.find(index.row());
         if (search == m_minimum_width.end() || search->second != minimum_width) {