Repacholi will join an illustrious list of five-time Olympians after being named on Friday to represent Australia in the 10-metre air pistol at Tokyo next year.

The towering 37-year-old has worn the green and gold at Athens 2004, Beijing 2008, London 2012 and Rio 2016, as well as at four Commonwealth Games campaigns.

He had intended to retire after winning a gold medal at the Gold Coast Commonwealth Games in 2016, but has been encouraged by his wife and two daughters to keep striving to realise his lifetime dream of an Olympic gold.

"Five Olympics is a good number, but the reason why it's five is that I haven't achieved what I want to achieve," Repacholi told the Newcastle Herald.

"I want to go to Tokyo and come away with a gold medal. That's why I keep going and keep working at it, because I believe I can do it. And my wife and daughters say I should keep chasing that dream."

Repacholi briefly pondered retiring after winning third consecutive Commonwealth Games gold medal two years ago.

"I was only thinking about retiring so I could be a better husband and a better father," he said.

"But fortunately they were happy for me to continue shooting. So while ever they're supporting me, I'll keep going."

Repacholi's best result at an Olympics was in London, when he finished 19^th in the 50-metre air pistol.

"It's just about showing up on the day," he said.

"It's the person who turns up and handles themselves best under the pressure. Whoever handles the mental side of the game and their emotions, they will win."

Other Australians to have made five Olympic appearances include Andrew Gaze (basketball), Natalie Cook (beach volleyball), Simon Fairweather (archery), Shane Kelly (cycling) and Mary Hanna (equestrian).

Fellow shooters Michael Dimond and Russell Mark jointly hold the Australian record after featuring at six Olympic campaigns apiece.

"I started shooting when I was quite young, but it probably wasn't until I was 16 or 17 that it started to seem like a reality that I could possibly go to an Olympics," Repacholi said. "When I was first picked [at 22], I was a lot younger and probably didn't realise the significance of what it meant. This is a different sort of excitement to the first time I was picked.

"It's honesty a great feeling to have the team announced and know that the Olympics is still going ahead."

He was confident the postponement of the Olympics until next year would work in his favour, giving him an extra 14 months to practise.

"The COVID-19 has actually allowed me to spend a lot of time at home with my family, which has been good," he said. "I'm training at home, rather being away training all the time."

Shooting Australia confirmed a team of 15 for Tokyo on Friday, taking the total number of Australian athletes to have secured their berths to 71.

Australia Chef de Mission Ian Chesterman said it was "exceptional" that several of the shooters were multiple Olympians.

"To maintain excellence over such a long period is a special achievement," Chesterman said.