The five were congratulated by Prime Minister Jacinda Ardern at a function in Auckland's Victoria Park today.
"The opportunity for Misha and David to guide Ethan, Kyleab and Devy through such an elite event process, is the foundation on which any performance programme is built on,'' Gymnastics New Zealand chief executive Tony Compier said.
''This team has fantastic potential.''
Devy is based in Canada, while the other New Zealand based athletes are from the Tri Star Gymnastics club, where they train under 1998 Commonwealth Games bronze medallist David Phillips.
All five gymnasts compete will compete in the men's artistic disciplines on the Gold Coast.
New Zealand has competed in gymnastics at the Commonwealth Games since 1978. In that time one gold and four bronze Commonwealth Games gymnastics medals have been won.