Hi Flick,
As others have said, being that small, just do it. Regarding boundaries, I'd put a guess at 900mm to be safe.
One thing I would suggest though - go to the council website, and find their GIS mapping portal. From there, you can locate sewers, water mains, storm drains, and other business.
Make sure your shed avoids all this. That way, they cannot take a swipe at you for blocking access for future servicing.
Bonus points if you ensure drainage is maintained towards the front of your yard, rather than towards a neighbour. Little things like that help keep your stuff to yourself.
Party on.
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